How much $ Powerball winner takes home after taxes

The main one is that taking the annuity is basically like letting the government hold onto part of your prize for a while and invest it for you

Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a

how much tax on lottery winnings in canada Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

how to apply for a lottery bond 30% tax is applied to prizes and awards that have not received government approval The tax rate would also need to be increased by cess The