Your state can also claim part of your winnings
Another factor can cause the amount you pocket to decrease even more. Perhaps your state too wants a piece of the action, Kiplinger said
Because there are no income taxes in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming, their residents are exempt.
Winners in California also receive a benefit since the state exempts state lottery winnings from taxes — as long as you buy your ticket in California.
However, you will be required to pay state income taxes at the highest rates, which range from 2.9 percent (North Dakota) to 10.9 percent, if you reside in another state where Mega Millions lottery tickets are sold (New York), the outlet reported.
If you bought your winning ticket in a state with an income tax, you should also plan on some state taxes being deducted from your jackpot payout.
