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You won’t find many lotteries as generous with major prizes as US MegaMillions. Only the luckiest few win large rewards in this game. If you are in that group, our MegaMillions payout and tax calculator is here to help. Our tool will help to calculate your entire payout, whether you use annuity or lump sumContinue reading “MegaMillions Payout and Tax Calculator”

The next step is to apply taxes. The federal rate is 24%, although it might vary. That’s $146.4K. You also need to pay state tax. If you are in Arizona, the rate is 5%. That means you reduce $30.5K more from the sum. The ultimate result is $433.1K, and that’s how much you receive. IfContinue reading “The lottery will usually reduce the sum to around 61%, which is around $610K.”

Lump-sum payment. This means you get the entire jackpot money. However, there’s a trick. You get paid immediately, which lowers your sum to around 61% of the jackpot. The reason why the lottery does that is that they don’t keep your lump sum for investment (keep reading). Annuity payments. You agree to get your moneyContinue reading “Federal Taxes on Lottery Winnings”

If you are a proud winner of the US Powerball lottery, it’s time to celebrate! The major prizes in this lotto are impressive, but you might not get to keep the entire portion. Powerball wins are subject to various taxes, but our tool will help you to calculate your payout. This guide will also assistContinue reading “Powerball Payout and Tax Calculator”

Here is a quick overview of Powerball draws and times: Drawing days: Monday, Wednesday, and Saturday Drawing time: 10:59 PM ET It wasn’t that long ago that Powerball had two drawing days daily. The lottery decided to add the third draw with an idea to increase jackpots. It’s interesting to mention that the biggest lottoContinue reading “Powerball Draw Time and Days”

The Bible doesn’t mention the lottery specifically. However, it mentions that you should use your best discernment on multiple occasions. But what does that mean? You could narrow it down to being responsible. At its core, you need to be ready to lose the money you spend on lotto tickets. That will indicate you areContinue reading “Being Responsible”

We are giving new and secure information to innocent customers regarding the official webpage. There are many websites on Google regarding the lottery. Customers should not follow other websites. They are game and artificial. The customers should not share personal bio and data with these fakers and cheaters. if you are sharing personal details. WeContinue reading “KBC Official Website (Webpage) 2022.”

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