Florida Mega Millions ticket scoops $ jackpot, tax bite looms

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While taxes on lottery winnings can be substantial, there are several smart strategies that can help you minimize the tax burden and secure your

However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the TAMPA, Fla — It's obvious that $ billion is so much money that most of us wouldn't know what to do with it

goliath poker 2023 Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a The lump sum payment will face a mandatory federal tax withholding of 24%, leaving the winner with $ million Depending on the winner's