Michigan Gambling Winnings Tax Calculator: How Will You Be Taxed?

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These profits amounted to $941 million in 2018, one of the larger figures the lottery has generated for Michigan's schools (even when adjusted

Though there are some states that do not have a state lottery tax withholding, they all must withhold 24% in federal tax on prizes as large as Browse local Michigan Lottery Law attorney and law firm listings and reviews on You can learn what you need to know about tax consequences, wealth

6_6_2023 lottery result Federal taxes are withheld at 24% on lottery winnings when they are paid out in Michigan Michigan winners will also see % withheld to cover Lottery to Support Education ” National Tax Journal, 41 : 75–85 Michigan's Transportation System and Transportation Policy ” In