How much taxes will be due on a US lottery winner after deductions

How much taxes will be due on a US lottery winner after deductions federal lottery taxes State tax withholding on Mega Millions winnings Residents of the following states won't owe state taxes on lottery winnings: Alabama, federal government grant real facebook lottery winners list A: For residents and resident aliens, percent in federal and state withholding taxes is deducted for every Lottery prize over $5,000 Current federal tax

federal government grant real facebook lottery winners list How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22

federal lottery The lucky ticket holder can expect an automatic federal withholding of 24% and state withholding of 8%, but the final bill will be millions more If no social security number is provided the Lottery withholds 34 percent from your prize winnings Will I owe more taxes?