Tallying Up the Taxes on Lottery Winnings - TurboTax

Oklahoma has a % state tax withholding, so the winner of the $170 million jackpot would receive about $162 million dollars after tax, while

Tallying Up the Taxes on Lottery Winnings - TurboTax For Tuesday's $810 million prize, annuity would be about 30 average annual payments of $27 million Of that, there is a 24% federal tax, which

Oklahoma has a % state tax withholding, so the winner of the $170 million jackpot would receive about $162 million dollars after tax, while

taxes on lottery winnings in florida Taxes are deferred until payouts are received Winners choosing annuity payments often hedge their bets that tax rates will be lower in the future Investment

The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that

taxes from lottery winnings A sole winner in Texas who took the cash option would take home about $ million after paying 24% in federal taxes There is

Tax experts told USA TODAY a winner of a $ billion lottery would pay a maximum of around $473 million in taxes 10, Billion-dollar Mega