does lottery winnings get taxed
Are lottery winnings taxed based on the ticket date or the redemption
does lottery winnings get taxed
does lottery winnings get taxed
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does lottery winnings get taxed All gambling winnings are taxable including, but not limited to, winnings from: Lotteries; Raffles; Horse races; Casinos There are federal and state US taxes payable on larger US lottery winnings The federal tax rate that is paid as a non-resident winner is 30% on payouts above Some states have no income tax or don't tax lottery winnings, but others have top-income state tax brackets exceeding 10% Powerball isn't