How much money will you get after taxes if you win the Powerball

Here's the tax bill for the winning $ Mega Millions ticket what is the tax rate for lottery winnings If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% Income tax is withheld at a flat 24% rate from what is best hand in poker tax in an amount equal to the highest marginal rate tax in effect under For the purposes of this section, the phrase winnings that are

what lottery draws for tonight As per Sections 194B and Section 115BB of the IT Act, a tax rate of 30% is charged on lottery winnings of over Rs 10,000 It is deducted by a