elvis sent me an e-mail with the lucky numbers for the mega millions game (MA)
2006-06-24 03:36:55 · 12 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
just about half goes to taxes.
2006-06-24 03:39:15 · answer #1 · answered by Robsthings 5 · 0⤊ 0⤋
After all the taxes to the feds and state, you get to spend the rest taking your family out to eat at Taco Bell. OK, seriously, a good sound ballpark figure wouold be that you would keep about 40%. Ain't America great? What a rip off. Why do we put up with this nonsense?
2006-06-24 03:48:41 · answer #2 · answered by Michael R 4 · 0⤊ 0⤋
The gift that keeps on taking.
Depends on who is your financial adviser. If you have a bad one then after awhile nothing is left but bills bills and more bills.
A good one then it will probably set you back 25% ( then 10% commission and, and, and)
Winning money costs a bundle.
2006-06-24 03:42:34 · answer #3 · answered by Puppy Zwolle 7 · 0⤊ 0⤋
if you take the lump sum you would get half the listed prize after taxes
2006-06-24 03:40:49 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You would probably lose about a third of the prize money.
2006-06-24 03:40:22 · answer #5 · answered by ratboy 7 · 0⤊ 0⤋
figure between 20-33% depending on state, local, and federal taxes.
2006-06-24 03:39:27 · answer #6 · answered by Blunt Honesty 7 · 0⤊ 0⤋
I wish my parents had named me "Sam", then I could be everyone's Uncle Sam
2006-06-24 03:51:55 · answer #7 · answered by Anonymous · 0⤊ 0⤋
about 18 milllion
2006-06-24 03:39:19 · answer #8 · answered by Anonymous · 0⤊ 0⤋
you would have to give uncle sam 33%
2006-06-24 03:41:30 · answer #9 · answered by mlharton 1 · 0⤊ 0⤋
i think 40%, which is equal to 22.4 mil. which means u would be able to keep 33.6 million of your 56mill prize
2006-06-24 03:41:06 · answer #10 · answered by DaDirtySouth 5 · 0⤊ 0⤋