Quote:
Originally Posted by media
Actually he'd prolly move up in the bracket, he'll prolly pay like 55% of it to state, federal, and social security taxes if he takes a lump sum..
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Its income from gambling reported on Form W-2G so not regular income and there's no brackets its 28% federal, doesn't matter whether its $600 or $60,000,000 and then whatever the state takes.
