How much $ Powerball winner takes home after taxes

How much $ Powerball winner takes home after taxes how much taxes taken out of lottery winnings
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how long does it take to receive lottery winnings The same is true at the state level While lottery winnings are subject to state income tax in most states, withholding tax varies from zero (

how many poker chips for 5 players Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the New Jersey Mega Millions The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn