State of NJ - Division of Taxation

taxes on lottery winnings calculator
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The lottery tax calculator helps you estimate the tax amount deducted from a lottery prize and compare the money

Meanwhile, other states have tax rates for lottery winnings that generally range from about 3% to almost 11% But in any case, once applicable taxes are taken Long Term Capital Gains 10% Long Term Capital Gains 10% Winnings from Lottery, Crossword Puzzles, etc

kv lottery result 2024 class 1 The winnings are subject to a flat tax rate of 30% without any deductions The tax is usually deducted at Estimate your tax on lottery winnings with our Lottery Tax Calculator Input your total winnings, lump-sum or annuity option, and state tax