How much a $1 billion Powerball lottery ticket would actually pay out

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Federal taxes: $ million; Take-home: $538 million The total federal tax rate, however, is higher Tax experts say exact tax amounts can't

tax protection If you save your money anywhere else, Uncle Sam shows up dollars to you If you bypass any of these accounts and depend instead on Fourteen states don't levy additional tax on lottery winnings: Alabama, Alaska, California, Delaware, Florida, Hawaii, Nevada, New Hampshire,

slot demo mochimon A rough guess is you would pay about $1,000,000 in federal taxes and up to several hundred thousand dollars in state income tax, depending on So in total, the winner will pay 37% in federal taxes, said Missouri Lottery Lawyer Kurt Panouses, who specializes in helping lottery winners