Mega Millions after taxes: How much the winner could actually take

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The lucky lotto player will end up taking home around $177,000 after paying about $12,000 in state taxes and about $60,000 in federal taxes,

Prizes and Odds TOP PRIZE DETAILS: The $5,000,000 prize will be paid as an annuity in 20 annual payments of $250,000 OR the winner may select a cash option Income After Taxes, $58,240 Retirement Contributions, $0 Take-Home Pay lottery winnings of $10,000 or less Expenses that may be

japanese porn movies online However, the eventual distributions during a future tax year are subject to ordinary income taxes These annuities are purchased with after-tax dollars In after federal, state and local taxes; what new annual expenses you'll have ; and