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Federal Tax on Lottery Winnings · Federal withholding rate for gambling income: 24% · Federal income tax brackets for 2022: If income is $10,275
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Taxes: The IRS requires that you report ALL Lottery winnings The Lottery is required by law to withhold 24% for federal taxes and % for state income taxes
aztec 88 slot Topics A-Z Close Index Index Main Navigation Federal Tax lottery winnings, life annuities, pensions and insurance benefits Do you
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