Someone hit the $267 million Mega Millions jackpot. Here's the tax bite
The winner can expect to pay tens of millions of dollars in taxes right off the bat in both federal and state taxes.
The winner can expect to pay tens of millions of dollars in taxes right off the bat in both federal and state taxes.
If you manage to beat the odds and hit the jackpot in either game, you can expect to pay tens of millions of dollars in...
If you hit the jackpot, you can expect to pay 37 percent of your income to the IRS, along with ponying up for state taxe...
If you hit the jackpot, you can expect to pay 37 percent of your income to the IRS, along with typically ponying up for...
If you hit the jackpot, you can expect to pay 37 percent of your income to the IRS, along with typically ponying up for...
If you hit the jackpot, you can expect to pay 37 percent of your income to the IRS, along with typically ponying up for...
Your first task after winning is to maintain anonymity as long as possible. And find a good lawyer.