Powerball, Mega Millions taxes: How much do you actually get if you

how much is 1 million lottery after taxes
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how much is 1 million lottery after taxes The last time anyone won the Powerball jackpot was on April 19 for a top prize of nearly $US253 million How much will they receive after tax?  How much do I pay in taxes if I win 1,000,000? If your gross prize for lump sum payout is $1,000,000, you need to pay $334,072 in total tax ($240,000 federal  Yes, it's true Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as

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