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If you hit the $227 million Mega Millions jackpot, here’s what you’ll pay in taxes | CNBC

If you hit the $227 million Mega Millions jackpot, here’s what you’ll pay in taxes | CNBC

The Mega Millions jackpot is up to $227M but how much do you actually win?  With a 24% tax withholding and a top marginal tax rate of 37%, you walk away with far less than you think.

Source: https://www.cnbc.com/2019/09/20/what-you-pay-in-taxes-if-you-hit-211-million-mega-millions-jackpot.html

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