What to Do If You Win the Lottery

how much of the lottery do you get to keep
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Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

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aaj ke night lottery So if you gifted a million pounds to your family, there would be no 'gift tax' on it This relates to the general rule that you can legally gift however Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,