texas lottery after taxes
Tallying Up the Taxes on Lottery Winnings - TurboTax
Tallying Up the Taxes on Lottery Winnings - TurboTax
Tallying Up the Taxes on Lottery Winnings - TurboTax texas lottery after taxes
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All of the same rules for lottery taxes apply to group lottery wins in Texas The same 24% federal tax will be withheld from the final amount
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texas lottery official site The federal tax withholding rate is 24% for lottery winnings, less the wager, for prizes greater than $5,000, according to the Texas Lottery Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,