Amounts that are not reported or taxed -
Amounts that are not reported or taxed -
states that don't tax lottery winnings
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Lottery winnings are treated as income by the federal government and most states, and thus are subject to state and federal income taxes
Details on when and how much the winner pays differ by state Then there are 13 states that don't tax a person's lottery winnings, according to
states online poker is legal The IRS views lottery winnings as ordinary income The top tax bracket for the highest earners in this country — which is where winning the
states that allow lottery winners to remain anonymous Still, you'll probably owe more when taxes are due since the top federal tax rate is 37% So a good first step a lottery winner could take is to