How Your Mega Million Jackpot turns into little millions once the tax man knocks at your door

lottery and tax payment

Don’t get too excited about the big Mega Millions jackpot. Taxes take a bigger bite out of winnings than you’d expect.

Winning the $540 million plus Mega Millions jackpot would make you an instant millionaire. Just don’t expect to walk away with that much cash.

Every WIN has its tax to pay.

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