How are Lottery Winnings Taxed?

do you get taxed if you win the lottery
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Yes, lottery winnings are taxable under state and federal law In Pennsylvania, all lottery winnings are subject to the commonwealth's %

Winning a lottery prize over $600 does get reported as taxable income, so do any research you need in order to make the best decision for your own financial

double bubble slot game The Internal Revenue Service imposes a federal tax rate of 24%, and California's state income tax, with rates ranging from 1% to %,

does two pair beat three of a kind in poker It depends on when you can get the money, not when you know that you won or when you choose to take the ticket in If you can present your