although i live in Indiana i am not sure. but the tax in Indiana is .07 right? multiply two half million dollars by .07 and get your answer. then subtract that answer from two half million dollars
Another Answer
When you win that much money, your (newly hired) tax attorney can help you manage your finances so that your tax rate is minimized. Winnings would be categorized as income, and at that amount, you may end up in one of the higher brackets. Between state and federal taxes, you could pay up to 40% of your winnings.
500,000 = half a million
2 million of them.
You can,t a million dollars interest from a million dollars but you can get half a million dollars
$500,000
500,000 dollars, if a million is 1,000,000 then half is 500,000
No, 250,000 is 1/4 of a million dollars. One half is $500,000
One and a half percent of ten million dollars is calculated by multiplying ten million by 0.015. This results in 150,000 dollars. Therefore, one and a half percent of ten million dollars is $150,000.
2.5 million dollars
5,000 dollars
1.5 million dollars.
$500,000,000
Half a million US dollars in 1971 was worth about $2.9 million in 2015.