How much money will you get after taxes if you win the Powerball

how much taxes are taken from lottery winnings
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Meanwhile, other states have tax rates for lottery winnings that generally range from about 3% to almost 11% But in any case, once applicable taxes are taken

Prizes won at lotteries subject to lottery tax comprise tax-exempt income for the recipient Prizes or winnings comprise tax-exempt income for All winnings from an out-of-state lottery are taxable for New Jersey gross income tax purposes, regardless of the amount Page 2 7 ) Q Will the New

texas poker rules In fact, lottery winnings are taxed, with the IRS taking up to 37% Curiously, though, only 24% is withheld and sent directly to the government  This includes winnings from the Wisconsin Lottery and out-of-state lotteries No deduction is permitted on the Wisconsin income tax return for