Ohio Woman Scores $15M Lottery Win, But A Huge Tax Bill Means …

Oct 18, 2024  · Ohio taxes lottery income at 3.5%, which means Jeanne will owe around $262,000 to the Buckeye State. Jeanne's total tax burden is nearly $3 million, leaving her with just $4.5 million.


5%
OFF

Ohio Woman Scores $15M Lottery Win, But A Huge Tax Bill Means …

2 weeks from now

Oct 18, 2024  · Ohio taxes lottery income at 3.5%, which means Jeanne will owe around $262,000 to the Buckeye State. Jeanne's total tax burden is nearly $3 million, leaving her with just $4.5 million.

yahoo.com

24%
OFF

An Ohio Woman Won A $15M Jackpot This Summer, But Here’s Why …

2 weeks from now

The IRS requires all lottery agencies to withhold 24% of lottery winnings over $5,000 for federal taxes. On Jeanne’s $7.5 million purse, this amounts to tax of $1.8 million.

msn.com

24%
OFF

This Ohio Woman Won A $15M Jackpot But Will Walk Away With Just …

2 weeks from now

The IRS requires all lottery agencies to withhold 24% of lottery winnings over $5,000 for federal taxes. On Jeanne’s $7.5 million purse, this amounts to $1.8 million.

msn.com

$15
OFF

Ohio Woman Wins $15M Jackpot But Will Take Home Just $4.5M …

2 weeks from now

Jun 23, 2024  · In the end, her total federal tax bill will land at around $2.73 million. The Buckeye State also taxes lottery winnings like normal income. Jeanne’s $7.5 million lump sum win …

dinardetectives.com

$15
OFF

Ohio Woman Scores $15M Lottery Win, But A Huge Tax Bill Means …

2 weeks from now

Oct 18, 2024  · In a stroke of unbelievable fortune, Jeanne, a Sandusky, Ohio resident, won $15 million in the state’s 50th Anniversary scratch-off Ohio Woman Scores $15M Lottery Win, But …

feeonlynews.com

$15
OFF

Ohio Woman Scores $15M Lottery Win, But A Huge Tax Bill Means …

2 weeks from now

In a stroke of unbelievable fortune, Jeanne, a Sandusky, Ohio resident, won $15 million in the state’s 50th Anniversary scratch-off game this past June.Describe when Jeanne told the Ohio …

arabianarena.com

$15
OFF

Ohio Woman Makes $15 Million Lottery Win, But Huge Tax Bill …

2 weeks from now

Oct 18, 2024  · In an incredible turn of fortune, Jeanne, a resident of Sandusky, Ohio, won $15 million in the state's 50th anniversary scratch-off game last June.

thebharatexpressnews.com

24%
OFF

This Ohio Woman Won A $15M Jackpot But Will Walk Away With Just …

2 weeks from now

Jun 22, 2024  · The IRS requires all lottery agencies to withhold 24% of lottery winnings over $5,000 for federal taxes. On Jeanne’s $7.5 million purse, this amounts to tax of $1.8 million.

aol.com

$15
OFF

An Ohio Woman Won A $15M Jackpot This Summer, But Here’s Why …

2 weeks from now

An Ohio woman won a $15M jackpot this summer, ... Lady Luck was present and accounted for when a woman from Sandusky, Ohio, won big in t he state’s 50th Anniversary scratch-off …

diamondgranitetucson.com

$15
OFF

This Ohio Woman Won A $15M Jackpot But Will Walk Away With Just …

2 weeks from now

Jeanne had two options for how to claim her enormous prize: she could take an annuity of $600,000 for 25 years (which would total $15 million), or she could take a lump sum of about …

msn.com

28%
OFF

Ohio Woman Wins $15M Lottery But Only Receives $5.4 Million

2 weeks from now

Jun 27, 2024  · Jeanne opted for the $7.5 million cashout option and paid 28% in state and federal taxes to take home $5.4 million. She also had the option to receive $600,000 annually for 25 …

ibtimes.co.uk

$15
OFF

An Ohio Woman Won A $15M Jackpot This Summer, But Here’s

2 weeks from now

An Ohio woman won a $15M jackpot this summer, but here’s why she may take home just $4.5M after taxes — plus a few ways you can use a big cash windfall to grow your net worth. By …

newsbreak.com

$15
OFF

Ohio Woman Scores $15M Lottery Win, But A Huge Tax Bill Means …

2 weeks from now

Ohio Woman Scores $15M Lottery Win, But A Huge Tax Bill Means She May Only Take Home $4.5M – Here’s Why By Κωνσταντίνος Κουτουλάκης 18/10/2024 No Comments In a stroke of …

koutoulakis.tax

$15
OFF

Ohio Woman's $15M Lottery Win Shrinks To $4.5M After Taxes – …

2 weeks from now

Nov 2, 2024  · An Ohio woman recently experienced the thrill of winning a $15 million lottery jackpot, only to see her windfall significantly reduced after taxes. While the initial excitement of …

financeindustryreport.com

$15
OFF

$15M Jackpot But Will Take Home Just $4.5M After Taxes

2 weeks from now

Jun 23, 2024  · In the end, her total federal tax bill will land at around $2.73 million. The Buckeye State also taxes lottery winnings like normal income. Jeanne’s $7.5 million lump sum win …

dinarrecaps.com

$15
OFF

Lottery Player Wins $15m From Scratch-off But Lost $9.6m By …

2 weeks from now

Jun 17, 2024  · The lottery player didn't get to take home the whole prize Credit: Getty. A woman from Sandusky, Ohio - around 50 miles from Cleveland - won big after purchasing an Ohio …

the-sun.com

24%
OFF

An Ohio Woman Won A $15M Jackpot This Summer, But Here’s Why …

2 weeks from now

Aug 28, 2024  · The IRS requires all lottery agencies to withhold 24% of lottery winnings over $5,000 for federal taxes. On Jeanne’s $7.5 million purse, this amounts to tax of $1.8 million.

aol.com

$15
OFF

Ohio Woman Wins $15M Jackpot But Will Take Home Just $4.5M …

2 weeks from now

Lady Luck was present and accounted for when a woman from Sandusky, Ohio, won big in the state’s 50th Anniversary scratch-off game in June. The winner, identified only as Jeanne, …

techbeyondinfinity.com

FAQs about Ohio Woman Scores $15M Lottery Win, But A Huge Tax Bill Means … Coupon?

How much tax do you have to pay on lottery winnings?

The IRS requires all lottery agencies to withhold 24% of lottery winnings over $5,000 for federal taxes. On Jeanne’s $7.5 million purse, this amounts to $1.8 million. ...

Are lottery winnings tax deductible?

The IRS requires all lottery agencies to withhold 24% of lottery winnings over $5,000 for federal taxes. On Jeanne’s $7.5 million purse, this amounts to tax of $1.8 million. ...

Who won a $15 million lottery from a $50 scratch-off card?

The winner, identified only as Jeanne, dropped to the floor when she realized she’d won a $15 million jackpot from a $50 scratch-off card, according to the Ohio Lottery Commission. When she took the winning card to the clerk at Friendship #83 in Sandusky, they “both just cried,” Jeanne said in a press release. ...

What did Jeanne tell the Ohio Lottery Commission?

Describe when Jeanne told the Ohio Lottery Commission that she had “dropped to the floor” after realizing her win. At the store, the clerk and Jeanne had cried together, leaving bystanders wondering what on earth had just happened. Don't Miss: How do billionaires pay less in income tax than you? Tax deferring is their number one strategy. ...

Did Ohio woman throw money down the drain?

This Ohio woman won a $15M jackpot but will walk away with just $4.5M after taxes — did she throw money down the drain? L ady Luck was present and accounted for when a woman from Sandusky, Ohio, won big in the state’s 50th Anniversary scratch-off game in June. ...

Did Lady Luck win a 50th anniversary scratch-off game?

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Lady Luck was present and accounted for when a woman from Sandusky, Ohio, won big in the state’s 50th Anniversary scratch-off game back in June. ...

Install CouponFollow Extension on Chrome

Install the CouponFollow extension to search for discount codes when shopping the fastest!

Install CouponFollow Chrome Extension   Install CouponFollow Chrome Extension