why is the lottery taxed
lottery tickets; in lieu tax
why is the lottery taxed
why is the lottery taxed
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why is the lottery taxed The amount won is subject to a tax of 30% from the winner, irrespective of any other income the individual might be earning This is maintained Sales of State Lottery tickets are exempt from the tax imposed under section The State Lottery must on or before the 20th day of each month Yes and no Technically, the answer is no The IRS taxes the money in the exact same manner, whether you take a lump sum payment or not Twenty-
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