Aaron Rai Loses Millions Of Dollars After Winning PGA Championship

Aaron Rai made history on Sunday, May 17, when he won the PGA Championship. Rai became a major champion with this triumph, securing a big bag in the process.

Rai earned $3.69 million for the win. Before Sunday, he had made over $13 million. He found himself in a different place with the big check, but Rai won’t take all of it home. The English player should pay both federal and state taxes on the winnings.

The top federal tax rate in the U.S. sits at 37% for high earners. He may pay $1.3 million to $1.4 million to the IRS. Additionally, his caddie could receive $369,000 from the win. He could lose around $1.7 million of the purse.

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