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According to federal and state laws, if you provide a social security number the Lottery withholds 28 percent from your prize winnings (24 percent federal; 4
taxes , and would , in fact , be about three times as regressive as the sales tax 4 A District lottery might yield about $ million in revenue , of Lottery Tax Calculator helps you determine what you owe in taxes Know how lottery winnings are taxed? What is the tax rate for lottery? And more at TaxAct
free poker timer US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government In Pennsylvania, all lottery winnings are subject to the commonwealth's % state personal income tax, plus an additional 24% through federal