Tax on Lottery Winnings by State 2023
Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax
The 25 Biggest Lottery Jackpots of All Time us lottery tax
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Lottery earnings are subject to federal and, sometimes, state taxes, according to the USA Mega website For example, California residents won't
us lottery tax However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the
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