So youve won a million dollars WOOO!! how much do you really get?!


Question: i was juuuust watching deal or no deal, (lol) and was wondering what would happen if you really won a million dollars. i hear a lot of things like..."psh you will only get half of that because taxes."

i dont really understand taxes yet (lol im a liiiittle young)

so... i dont get it? what do you win?


Answers: i was juuuust watching deal or no deal, (lol) and was wondering what would happen if you really won a million dollars. i hear a lot of things like..."psh you will only get half of that because taxes."

i dont really understand taxes yet (lol im a liiiittle young)

so... i dont get it? what do you win?

They usually take out about 30% of that million for taxes...You get what's left. you get a little over 70% of the million.

1,000,000 - 30% = 700,000

They don't actually take 50%...It just seems they take a lot of the money.

it has to be claimed as an income which could be taxed up to 33%.



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