You won the $ billion Powerball! Here's your tax bill

Mega Millions and Powerball jackpots soar to new heights Here's powerball lottery tax calculator tax and a 4% state tax in Ohio, you could only take home around $360 million, according to a Ohio Lottery tax calculator If you take the 30 powerball lottery payout calculator Whatever option the winner chooses, the federal tax rate of 24% is automatically withheld from the payments, according to Frizzi-Babb For the

powerball lottery pa Because the federal government counts lottery winnings as income, the winner could be moved into a tax bracket facing a tax rate as high as 37%,