Where does the lottery money go?

illinois lottery taxes
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Net lottery winnings are the total amount of winnings that remain after subtracting the cost of the lottery ticket The exact amount of tax

At the moment, the state's Lottery Control Board withholds Federal taxes at 25% and State taxes at % Keep in mind that separate cities can

illinois lottery jackpot How do I calculate lottery lump sum after taxes? · Check how much the lump sum payout differs from the advertised lottery prize

illinois lottery games State Taxes ; %, Arizona, Undisclosed ; %, Arkansas, Undisclosed ; %, Illinois, $1,000 ; 3-5%, Mississippi, 3% for prizes from $600 to $5,000, 4% for