Taxes on Lottery & Gambling Winnings: What You Need to Know
The federal government treats the lottery winnings as income On prizes over $5,000, the Oregon Lottery withholds at least 24% for federal taxes
Mega Millions Payout Calculator: Payout, Tax & Annuity Explained federal lottery tax calculator
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federal tax for lottery winnings Lottery winnings are carefully thought aboutbelieved ordinary taxable income for both federal and state tax purposes That means your winnings are taxed the