Mega Millions lottery winnings: How much do you make after taxes?

Under Act 84 of 2016, the Pennsylvania personal income tax of percent now applies to Pennsylvania Lottery cash prizes paid after January 1, 2016

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

federal lottery How are lottery winnings taxed? No matter how lucky you are, Uncle Sam will still come knocking The IRS taxes lottery prizes differently

federal tax rate for lottery winnings The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn