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If you win 200,000 dollars how much would you get after taxes..Im from pennsylvania.

2007-07-03 08:01:15 · 6 answers · asked by Anonymous in Family & Relationships Marriage & Divorce

Dont have a house live in an apartment.

2007-07-03 08:06:30 · update #1

6 answers

The state of PA wouldn't tax it, just the Federal government. I'm thinking they would take about a third.

2007-07-03 08:04:39 · answer #1 · answered by leslie b 7 · 0 0

You could approximately get 65 % of that money. So in the case of the 200,000 It would be 130,000 unless you decide sharing some of that money with me than it would be less than that!

2007-07-03 15:09:06 · answer #2 · answered by EDD 2 · 0 0

If you won 200,000 you would have to give it all to them plus mortgage your house to pay them a little more.

2007-07-03 15:04:10 · answer #3 · answered by acmeraven 7 · 0 0

less than half
Thank God we're in Canada, we get to keep it ALL! Lottery winnings aren't taxed!

2007-07-03 15:29:27 · answer #4 · answered by Lydia 7 · 0 1

It would be considered unearned income and taxed 35%. So you would get 130,000.

2007-07-03 15:09:04 · answer #5 · answered by Anonymous · 0 0

usually you divide by 2 - so 100,000.

2007-07-03 15:03:33 · answer #6 · answered by boohoo 4 · 0 0

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