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

If you are not a resident, you will typically have a flat 30% federal withholding, and state taxes may differ from what is listed above Consult with your

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

lottery sambad 13 8 23 There are also additional federal taxes of about 37% In total, you'll be paying more than $19 million Your total annual payment in California

lottery tax percentage If the proceeds exceed $5,000 and you won the lottery prize on or after October 1, 2000, The lottery prize payment is gambling winnings taxed as ordinary