TavitaK714295 TavitaK714295
  • 28-10-2022
  • Mathematics
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Ms Harrington won the lottery jackpot for $2,000,000, irs taxes large jackpots at 39.6% how much money will ms Harrington owe in taxes?

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LamarioT298978 LamarioT298978
  • 28-10-2022

Given:

Ms. Harrington won the lottery jackpot for $2,000,000

Tax rate is 39.6%

[tex]\begin{gathered} \text{Money that Harrington owe in taxes=2,000,000}\times\frac{39.6}{100} \\ \text{Money that Harrington owe in taxes= \$}792,000 \end{gathered}[/tex]

$792,000 money that Ms Harrington owe in taxes.

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