61-63 million ... Roughly federal and state taxes would come out to take around half... You typically take alittle more than half the winnings if you choose "lump sum" option
500 million dollars
500,000
i am single with four children. how much would the taxes be on 10 million dollars?
250 Trillion dollars
About 3.5 million.
500 million dollars
$500,000
500,000
i am single with four children. how much would the taxes be on 10 million dollars?
Depends on in what country!
Multiply that by 6% or 0.06. It would be $ 30,000,000.
At current interest rates 3 billion dollars would earn about 30 million dollars a year before taxes.
The Australian government does not levy tax on lottery winnings. If you are a tourist to Australia and win lotto you don't have to pay taxes on the prize - if you win $10 million you get $10 million! However, depending on what country you are from, it is possible that your own government would want to tax the lotto prize. This depends on your home country's laws about income etc, so I can't advise on this.
It would be 100 million dollars.
11245 million dollars would be $11,245,000,000.00 or 11.245 billion dollars.
Assuming the million dollars is money that was not already in circulation, this would be part of monetary policy. This is because it would be increasing the money supply. If, however, the money came from taxes and was a part of government spending, then it would be fiscal policy.
I'm not sure about taxes and such but from a math perspective, 62,000 would be the number of homes you could buy.