Arizona Lottery winner brochure
Arizona Lottery winner brochure
federal lottery taxes
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First, any prizes above $5,000 will be hit at least with a 24% federal tax, regardless of which state you are in The winner may owe additional
Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home
federal lottery taxes With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after
federal lottery tax rate The California Lottery is required by the Internal Revenue Service to withhold federal taxes on many prizes There is no California state or