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Winner Of $304 Million Mega Millions Lottery Would Pay More Than $60 Million In Taxes If Takes Lump Sum

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Thinking of playing the Mega Millions lottery tonight?

If you win and you live in Connecticut, you could actually help contribute to closing Connecticut's state budget deficit.

The winner would pay the top rate of 6.5 percent on the state income tax on the amount above $1 million, which is proposed to increase to 6.7 percent if Gov. Dannel P. Malloy's plan is approved by the Democratic-controlled legislature.

 


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