How much $1B Powerball winner takes home after taxes

The IT department loves it when you win a lottery or when lottery winning after taxes The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn lottery sign If you win the Powerball and take the lump sum payment, right away, nearly a quarter of it is withheld for federal taxes And you're not off the

lottery ticket in pune Lottery winnings also count as income, so by winning the jackpot, the ticketholder has been pushed into the 37% tax bracket for those with