If you win the lottery in West Virginia, but are a resident of Ohio, what
If you win the lottery in West Virginia, but are a resident of Ohio, what
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Automatic withholding of state income tax refunds or lottery winnings; DMV vehicle registration withholding; Tax liens Quick Links · Frequently Asked Questions
Federal lottery taxes are determined by the income bracket the winnings fall into Currently the two highest income brackets are taxed at 37% Not only do you have to pay taxes to the federal government on your lottery winnings, you may also need to pay state income taxes as well Not
sugal & damani lottery Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket, According to the Code of Virginia, anyone who wins more than $10 million playing the lottery is allowed to remain anonymous if they wish to do
