How much lottery money do you get after taxes?
It works out something like this if you take the lump sum for the $930 million jackpot: $930 million, less 25% withheld = $232,500,000. Less an additional $111,600,000 (to meet 37% tax rate) Total prize after federal income tax = $585,900,000.
powerball jackpot winnerCreated at 2020-02-08 03:36
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UNDER MAINTENANCE
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