how much of lottery winnings are taxed
Lottery Tax Rates Vary Greatly By State
how much of lottery winnings are taxed
how much of lottery winnings are taxed
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how much of lottery winnings are taxed In India, lottery winnings are subject to a tax deduction at source of 30% if the amount of the winning exceeds Rs 10,000 Therefore, if That's a big check to write come April 15th Since the tax withholding rate on lottery winnings is only 24%, some lottery winners do not Like all other taxable income, the IRS requires you to report prizes and winnings on your tax return, too That means you might have to pay