An Ohio woman won a $15M jackpot, but she may take home $4.5M after taxes. How to use a windfall to grow your net worth
Yahoo Finance·2025-12-26 10:05
After all that, Jeanne’s total tax liability related to her win alone comes to about 4.5 million from her 7.5 million lump sum win would place her firmly in the top state income tax bracket of 3.5% for 2024, which would eat approximately $262,000 from her total.But as lottery winnings are taxed as ordinary incom ...