Here's the tax bill for the winning $ Mega Millions ticket

mega millions lottery tax calculator
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Why choose the Mega Millions lump sum option The cash option allows lottery winners to pay their federal and state taxes immediately to avoid long-term tax

Taxes on Multi-State Lottery Wins If you win the jackpot in a multi-state game, such as Powerball or Mega Millions, you'll be expected to pay

mega lottery california Mega Millions after taxes The 2024 federal tax brackets place the Mega Millions jackpot winnings at a 37% tax rate, whether the winner opts for the lump sum or

mega millions jackpot lottery numbers tonight The IRS can also tax the winnings as income, which would increase the tax rate to 37 percent since that is the rate applied to incomes over