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1:53
MSN
Young and the Invested
Powerball tax impact: What you really take home after winning the jackpot (Young and the Invested)
Dreaming of hitting the Powerball jackpot? Stop and think about the taxes! This video breaks down the financial reality of lottery winnings, based on a deep-dive article. Federal Bite: Learn why the initial 24% federal withholding is just the start—you could owe up to the 37% top federal tax rate. State & Local Taxes: Discover how your state ...
1 month ago
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