Powerball: How much an Illinois jackpot winner gets - WGN-TV

how much do you actually get from the lottery
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Regardless of which option the player takes, the IRS takes a minimum 24% federal withholding tax upfront on lottery winnings That's a big chunk

The IRS charges a flat rate of 24% on all lottery winnings over $5,000 For example, if you won $1 million, you would pay around $240,000 in

howtoplay poker If you win the jackpot and want your money right away, you'll receive the $ million (though technically, it will be smaller — more on that

how does lottery make money If you choose to get a lump sum payout for the $ billion, expect $ million in cash, according to the USA Mega website State Farm states