How much $ Mega Millions winner takes home after taxes

How much $ Mega Millions winner takes home after taxes how much does irs take from lottery winnings
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how to make a slot machine hit Like all other taxable income, the IRS requires you to report prizes and winnings on your tax return, too That means you might have to pay

how do you win in poker Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax After calculating your net winnings, the first thing the IRS will do is take 25 percent of your prize money for taxes This 25 percent is