What is the tax rate on the $1 billion Powerball jackpot?

website powerball lottery tax calculator The lottery calculator below will help you estimate the amount of tax that may be withheld on lump-sum lottery winnings Enter the amount won powerball lottery number generator When a lottery like Powerball advertises a big jackpot, like October You can estimate the numbers on your big win with our lottery tax calculator

powerball lottery tax calculator Still, you'll probably owe more when taxes are due, since the top federal tax rate is 37% So a good first step a lottery winner could take  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  Use the Powerball calculator to see how much money you would receive after winning a Powerball jackpot

Share

Share

Link

Turn off sharing Copy link

See all details