Comments on: how much will i end up paying for lottery winnings? http://www.onlinescratchcards.me.uk/2009/02/how-much-will-i-end-up-paying-for-lottery-winnings/ A fantastic guide to all the latest online scratch cards available. Sun, 11 Oct 2009 17:58:42 +0000 hourly 1 By: HowToWinScratchers http://www.onlinescratchcards.me.uk/2009/02/how-much-will-i-end-up-paying-for-lottery-winnings/comment-page-1/#comment-426 HowToWinScratchers Fri, 13 Feb 2009 18:55:59 +0000 http://www.onlinescratchcards.me.uk/2009/02/how-much-will-i-end-up-paying-for-lottery-winnings/#comment-426 Hi, If you win the big million dollar jackpot, they can take almost half of your winnings in tax... If it is under $600, you can keep all the winnings...over $600, then the state requires you to file for it...I'm sure it is not more than 10%... BJ Hi,

If you win the big million dollar jackpot, they can take almost half of your winnings in tax…

If it is under $600, you can keep all the winnings…over $600, then the state requires you to file for it…I’m sure it is not more than 10%…

BJ

]]> By: Judy http://www.onlinescratchcards.me.uk/2009/02/how-much-will-i-end-up-paying-for-lottery-winnings/comment-page-1/#comment-425 Judy Fri, 13 Feb 2009 14:43:35 +0000 http://www.onlinescratchcards.me.uk/2009/02/how-much-will-i-end-up-paying-for-lottery-winnings/#comment-425 It will depend on your tax bracket. If you are for example in a 10% tax bracket, then your federal income tax on $1000 would be $100. It would only be $300+ if your taxable income is in the hundreds of thousands of dollars. It will depend on your tax bracket. If you are for example in a 10% tax bracket, then your federal income tax on $1000 would be $100. It would only be $300+ if your taxable income is in the hundreds of thousands of dollars.

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