# What would you do if you hit the mega?

**URL:** <https://forums.speedlife.net/t/what-would-you-do-if-you-hit-the-mega/265615>\
**Category:** Shift518 Off Topic\
**Created:** [November 28, 2012, 8:14am UTC](https://forums.speedlife.net/t/what-would-you-do-if-you-hit-the-mega/265615 "2012-11-28T08:14:23Z")\
**Posts on this page:** 1\
**Showing post:** 92

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**Author:** ![pitman](https://avatars.discourse-cdn.com/v4/letter/p/4da419/32.png) [@pitman](https://forums.speedlife.net/u/pitman)\
**Post date:** [December 5, 2012, 3:12pm UTC](https://forums.speedlife.net/t/what-would-you-do-if-you-hit-the-mega/265615/92 "2012-12-05T15:12:53Z")

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> [@OTA HDTV? Antennas?](https://forums.speedlife.net/t/ota-hdtv-antennas/51180/34):
>
> more like 35% brah

is that federal, state and local taxes considered? i know people who won millions and had to pay over 45% and they live in same town as me

took this from forbes site… According to Powerball’s home page, the $320 million was run by a Michigan resident. The state has a flat 4.35% income tax, as well as a local option income tax. The highest local tax is Detroit’s 2.5%, with Highland park charging 2%. If the winner is a Detroit resident, he or she will pay a total tax bill on a $213 million lump of about $84 million, leaving about $129 million. Not bad, but not exactly $320 million

this numbers dont add up to me

> **[How Much Tax Would You Owe On A $320 Million Powerball Jackpot?](https://www.forbes.com/sites/janetnovack/2012/08/15/how-much-tax-will-you-owe-on-that-320-million-powerball-jackpot/)**
>
> Tax bite depends on where you live and how you take your winnings. New York City residents pay the most.

according to forbes if you win 213million you pay 93million in tax for ny resident

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