Powerball jackpot is $ billion If you win, here's the tax bill

Michigan Attorney for Lottery Winner · How to Protect Lottery Winnings in Michigan · Lottery Winner Financial Planning · Making Your Lottery Winnings Last · Taxes

Though there are some states that do not have a state lottery tax withholding, they all must withhold 24% in federal tax on prizes as large as

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what is the cutoff time to buy powerball tickets Lottery: Michigan taxes lottery winnings of more than $5,000 Michigan Lottery will withhold state taxes at the income tax rate in effect