What would be the tax implications if you win the $ billion
What would be the tax implications if you win the $ billion
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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
Then there are the state taxes Fourteen states don't levy additional tax on lottery winnings: Alabama, Alaska, California, Delaware, Florida, Lottery winnings also count as income, so by winning the jackpot, the ticketholder has been pushed into the 37% tax bracket for those with
what is a lottery school 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 With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after
