With lottery wins, the bottom line depends on where you live
With lottery wins, the bottom line depends on where you live
It’s that time again when lottery jackpots are big enough that even non-regulars are daydreaming about what they might do with the windfall. The Powerball and Mega Millions jackpots are both over $300 million. You know, of course that if you win, you’ll have to pay big federal income taxes. But state income taxes on lottery wins are all over the map.
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