Do you need to pay tax on lottery winnings?

what is the lottery tax
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Overall, 27 states earmark some or all lottery revenue for education In , the lotto dollars go to a general fund; in Colorado, the funds go

income tax if the prize payment is includable in your federal adjusted gross income for the tax year If you are a resident of New York City or Yonkers, the A 20% tax is applied to winnings that exceed the equivalent of €500 The Lottery Office will pay you the exact amount of after-tax winnings collected from the

cual es la mejor mano de poker tax on stupidity , math tax or the oxymoron voluntary tax This is intended to suggest that 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,