What would the $ billion Powerball jackpot's tax bill be in your

Question: My husband and I recently won the grand prize from my State's lottery Can you provide some guidance on how we will be taxed on our lotto winnings

The winner's state of residence will also impact their take-home amount as some states like Texas and California don't tax lottery winnings,

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taxes on lottery winnings calculator canada , eff Aug 30, 1993 Sec DEFINITIONS In this chapter: Commission means the Texas Lottery Commission