How much the Mega Millions lottery is after tax in MO and KS

If a sole winner of Saturday's prize is taxed up to 37% and lives in a state where the only taxes required are federal, they will take home an

How much the Mega Millions lottery is after tax in MO and KS Lottery winnings are considered ordinary taxable income by the IRS Even if an installment winner sells the future income stream to another

If a sole winner of Saturday's prize is taxed up to 37% and lives in a state where the only taxes required are federal, they will take home an

taxes on $5 Before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000, CNBC explains Out

winnings See Publication 529 , Miscella- neous Deductions , for information on recordkeeping Lotteries and raffles Winnings from lotteries and raffles

taxes on lottery winnings in florida New Yorkers, for example, could see their winnings taxed at up to % or more, depending on where in the state they live Only a few states —

out as providing goods or services to the public See Forte Investment Fund v State Tax Commission, 369 Mass 786 , affirming Forte Investment Fund