The 25 Biggest Lottery Jackpots of All Time

taxes on $1 million dollars lottery winnings
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Fourteen states don't levy additional tax on lottery winnings: Alabama, Alaska, California, Delaware, Florida, Hawaii, Nevada, New Hampshire,

If the total $ billion payout is chosen: Federal taxes: $324 million; Take-home: $ billion If the cash option

taxes on 1 million dollars lottery winnings Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

taxes on $1 million dollars lottery winnings When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal