How Are Lottery Winnings Taxed by State?
Yes, it's true Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as
Taxes on Lottery & Gambling Winnings: What You Need to Know how much do they take out of lottery winnings
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How much tax does the IRS take from lottery winnings? The IRS automatically withholds 30% of net lottery winnings in the US The rate at which
how to win jackpots on slot machines The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes
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