An an Indan Citizen, What if you win 1 Billion Lottery grand jackpot

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Mega Millions officials Biggest US lottery jackpots These are the 10 biggest lottery jackpots on record in the United States, as of March 2024

Income from Other Sources: Lottery winnings or game show winnings are considered income from other sources under the Income Tax Act Taxable Shareholders, partners, or members in pass-through entities receiving income from gambling or lottery activities are subject to personal income tax on their

bet slot 777 login Where the money goes Mega Millions profits are split between 47 lottery jurisdictions Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the Powerball winner does select