Florida State Tax Guide: What You'll Pay in 2024

taxes on lottery winnings in florida
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The top federal tax rate is 37% for income over $500,000 The first thing that happens when you turn in that winning ticket is that the federal

Seven states — Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming — don't have income tax, so big winners in those states

taxes on lottery winnings calculator The gas station led a frenzied search to find the winner for months, but to no avail 'WINNING TICKET SOLD HERE' The Sunoco Express, where the

taxes on poker winnings And as we've also covered, for wins of $5,000 or more, the Florida Lottery will in most cases withhold 24% of your winnings for federal income tax In other