Oregon withholds an 8% state tax on lottery prizes of $1,500 or more. So, your lottery prize payout comes minus the 8% state tax. The state reminds taxpayers that any large lottery prize is ...
not every state would offer the same payout. Mega Millions jackpots, as well as any large lottery prize, are subject to taxes. Your local lottery has to withhold 24% in federal taxes in addition ...
However, the site states, the "names of lottery winners claiming prizes of $250,000 or greater will be temporarily exempt from public disclosure for 90 days from the date the prize is claimed, unless ...
Yes, Powerball prizes can expire if not claimed within a specific time frame. Of course, this varies by state, so it’s ...