Quote:
Originally Posted by alan
lool..suuure..but I get 25% of your winnings  haha
btw, doesn't the government take like a third of your winnings there in the States? |
20% and you got yourself a deal!!
Actually it varies state by state on how much you get taxed on your lotto winnings. All things like your tax bracket state and even your city can tax you. So it is possible to have more than 50% of your winnings taxed. Talk about ridiculous, I think my state takes almost 50% lol. So you win 1 million and you get about 625k.
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