Powerball Jackpot Winner Will Get a Hefty Tax Bill

how much tax do you have to pay on lottery winnings
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If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You must declare

The Connecticut Lottery Corporation will withhold Connecticut income tax at the rate of 5% from all payments of reportable Connecticut lottery winnings made to

how much to tip slot attendant You can make estimated tax payments if you think you may owe more Like the IRS, most states treat lottery and gambling winnings as income

how to play quick hits slot machine Money or property distributed under such plans or systems are not taxable gambling or lottery winnings Door Prizes Prizes that are given in a competition or