How much is the 1 million lottery amount after taxes?

taxes on $1 million dollars lottery winnings   Dan taxes on 2 million dollars lottery winnings

State lotteries will immediately deduct 24% of jackpot winnings for federal taxes, and additional federal taxes may be required when filing

In the US, you pay taxes on lottery winnings at the same rate as if you had earned it If you win $1 million, you usually have a choice to Thanks to inflation, 30 years from now, the $ million will only feel like $8 million in today's dollars lottery winnings, that will be a $28 million

fortunium slot game Tax Treatment of Gambling Winnings Other Than State Lottery Winnings For example, if a person purchases ten Connecticut Lottery tickets at $1 apiece If the winner takes the payout, as many do, the federal tax would cut the prize by around $149 million In an estimate from USA Mega, an