Powerball Calculator

Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

The cash option — $ million for Mega Millions, $ million for Powerball — signifies the amount of money game officials have determined

powerball maryland After the 24% federal withholding, the jackpot winner's tax bill depends on several factors but could easily represent millions more Marginal

powerball 6 july 2024 So, when you take the cash option, you will end up with $374,954,812 after federal taxes Now it is the state's turn State tax rates on lottery