Roughly $1500 It changes from person to person..it can be as low as 0. The money is taxed as ordinary income, which keans you pay a tax on it based on your own personal situation, considering other income, other deductions, exemptions, state of residence, etc.
100.000
35% of your gross earnings
64 million
If I win 1000.00 what do thay take out
What are the taxes on an 800,000 lottery win in the state of MS
If you win the lottery in Canada and don't put the money in the bank, taxes will still need to be paid on the money.
both
it depends
If you win the lottery in a different state, you can still claim your prize, but you may have to pay taxes in both the state where you bought the ticket and the state where you live.
If you win a 20 million lottery, you would receive the full 20 million as your prize.
If you live in Utah and win the lottery, you will receive your prize money after taxes are deducted. Utah does not have a state lottery, so you would need to have purchased a winning ticket from a neighboring state that offers lotteries, such as Idaho or Wyoming.
if you win $4millon Arizona pick lottery take 50% what will your taxes be of single person