Here's the tax bill for the winning $ Mega Millions ticket

If you are not a resident, you will typically have a flat 30% federal withholding, and state taxes may differ from what is listed above Consult with your

Similar arrangements, some set up before a lottery win and some after, are commonly made to share lottery winnings while trying to avoid gift taxes However,

taxes on slot machine winnings The Minister further stated that vide Finance Act 2023, the rate in force is 30% This also includes winnings in kind or partly in cash and

taxes on lottery winnings All winnings over $5,000 are subject to tax withholding by lottery agencies at the rate of 24% This potentially leaves a gap between the