how do taxes work on lottery winnings
Did you win the Mega Millions lottery? Time to think about taxes
how do taxes work on lottery winnings
how do taxes work on lottery winnings
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how do taxes work on lottery winnings How are lottery winnings taxed under federal and state? Lottery winnings are considered ordinary taxable income for both federal and state tax purposes That Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are That's because when anyone wins the lottery, the IRS withholds 24% of the winnings off the top With a large jackpot, if the winner opted for the lump sum cash
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