Lottery Payout and Tax Calculator
Lottery Payout and Tax Calculator
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Factors That Affect Your Prize's Taxes Total Winnings: Larger prizes put you in higher tax brackets, leading to a higher overall tax rate State of Purchase:
Since the tax withholding rate on lottery winnings is only 24%, some lottery winners do not plan ahead, and can have trouble paying their LearningLease or Buy Equipment CalculatorBusiness Loan CalculatorWorking Capital Calculator lottery tickets, gambling charges, or unauthorized charges
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