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Tallying Up the Taxes on Lottery Winnings - TurboTax

Tallying Up the Taxes on Lottery Winnings - TurboTax

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lottery tax calculator nj
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State Income Taxes on Lottery Winnings Eight states do not tax lottery winnings — but the tax rate on lump-sum or annuity payments varies in the others States

Lottery Tax Rates Vary Greatly By State ; New York % ; North Carolina % ; North Of states that have an income tax, rates can span from about % to % Nine states, however, don't levy a state income tax They are:

rama 888 slot Since the tax withholding rate on lottery winnings is only 24%, some lottery state taxes lottery winnings, you may have to add state taxes State taxes on lottery winnings differ · Washington, : % · Maryland: % · New York: % · New Jersey: 8% · Oregon: 8% · Wisconsin: %

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