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Why do we pay taxes on lottery winnings if the money people use to

Why do we pay taxes on lottery winnings if the money people use to

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is the lottery taxed
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Yes Gamblinglottery winnings are subject to Michigan individual income tax to the extent that they are included in your adjusted gross income The Michigan

As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games show, etc will attract tax at the rate of The only exceptions are the Powerball® and Mega Millions® jackpots, in Please remember to notify the Lottery's Tax Unit or Prize Payments Annuity

what is the best poker strategy Gambling winnings, including winnings from the Minnesota State Lottery and other lotteries, are subject to federal and Minnesota income Residents and Nonresidents: The Connecticut Lottery Corporation will withhold Connecticut income tax at the rate of 5% from payments of reportable Connecticut

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