CA or AZ? The $ billion Powerball jackpot's tax bill depends on

website federal lottery tax rate The 2024 federal tax brackets place the Mega Millions jackpot winnings at a 37% tax rate, whether the winner opts for the lump sum or not That's because federal lottery tax Sales Tax Rate Charts · Tax Facts · Statistics · Online Services · Contact · About DOR The state of South Dakota does not tax lottery winnings How can I

federal lottery tax rate Sales Tax Rate Charts · Tax Facts · Statistics · Online Services · Contact · About DOR The state of South Dakota does not tax lottery winnings How can I  How are lottery winnings taxed  Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no

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