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People profits you receive from Mega Millions will be susceptible to federal taxes, in addition to one relevant condition income taxes. Several of the performing states – Wyoming, Arizona, Texas, Southern Dakota, and you can Florida – don’t levy taxes on the owners. Tennessee and you may The brand new Hampshire only demand tax on the earnings out of returns and you may interest. Mega Hundreds of thousands provides nine other prize levels, between $5 the whole way up to the brand new jackpot, which is usually guaranteed to getting $fifty million or more.
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