If you win either the Powerball or Mega Millions jackpot, how much will you get after taxes?
Before getting into how much damage Uncle Sam will reap, here’s where both jackpots currently stand: After no winner was announced during Monday night’s Powerball drawing, the total estimated amount was thus bumped up to a saliva-inducing $725 million, the second-highest Powerball jackpot for this year. The next drawing is scheduled for Wednesday, July 12, at 11 p.m. .
Alas, lotto dreamers, those with the golden tickets won’t actually be getting these amounts should Lady Luck smile upon them during either drawing., Mega Millions winners can choose to either get their money all at one or receive it in increments annually. If the former, the winner will have to pay federal income taxes on the total for the 2023 tax year, an amount
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Mega Millions winning numbers for Tuesday, July 11, 2023; jackpot $500 millionThe jackpot is an estimated half-billion dollars for the Tuesday, July 11, 2023, Mega Millions drawing.
Leer más »
Mega Millions: No winner; jackpot jumps to $560 millionTuesday's numbers were 10-17-33-51-64 with a Megaball of 05. The multiplier was 2X.
Leer más »
Mega Millions jackpot grows to $560M after winning numbers drawing yields no winnerThe Mega Millions jackpot is over half a billion dollars after no one won the top prize in Tuesday's drawing.
Leer más »
Mega Millions jackpot grows to $560M after winning numbers drawing yields no winnerThe Mega Millions jackpot is over half a billion dollars after no one won the top prize in Tuesday's drawing.
Leer más »
Mega Millions jackpot grows to $560M after winning numbers drawing yields no winnerThe Mega Millions jackpot is over half a billion dollars after no one won the top prize in Tuesday's drawing.
Leer más »