Oregon's lottery winner is a billionaire before taxes; how much will

Oregon's lottery winner is a billionaire before taxes; how much will lottery winner taxes The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn lottery result lottery result lottery result lottery result Not all states tax lottery winnings Of course, they are tax free in those states that don't have any income taxes at all: Texas, Florida, South

lottery result lottery result lottery result lottery result How Much Are Lottery Winnings Taxed? · 24% withheld from $930 million = $232,200,000 · Additional amount you need to pay with a 37% tax rate: $111,900,000 · Total

lottery song what Then the IRS gets a big bite — 24% — or more than $ million according to the New Jersey Lottery Finally, New Jersey receives another 8% in Before the winner receives any of the money, however, the IRS automatically takes 24% of the winnings The rest of the winnings are expected to be paid by the