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taxes on million dollar lottery

taxes on million dollar lottery

Top 4 Tips to Avoid Taxes on Lotto Winnings taxes on million dollar lottery The Maine State Lottery says the winner chose the cash option, which is a one-time, lump-sum payment of $723,564,144 before taxes, which comes taxes on lottery winnings texas According to estimates from , the winner of the publicized $ billion jackpot would earn $280,885,562, if they take the lump sum

taxes on 2 million dollars lottery winnings How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22

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