Publication 140-W - FAQS: New York State Lottery Winners -

do you get taxed on the lottery
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Lottery winnings are not taxed twice Under both the federal and state tax system, they are considered ordinary taxable income You pay tax on your winnings

Out of the $ million cash value, that would be about $ million you'll lose up front However, because you'd be bumped into the top

dollar lottery If you win a US lottery, you would have to file a US tax return and pay taxes on the prize If you hit the jackpot at a casino, a good chunk of

don juans peppers slot If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You must declare