How are Lottery Winnings Taxed?
How are Lottery Winnings Taxed?
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The federal government withholds 24% of your winnings immediately You may owe additional federal taxes depending on your overall tax bracket Each state also
Also, federal laws and regulations may restrict such sales You must buy The state of South Dakota does not tax lottery winnings How can I hear Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax
kerala lottery result 12.12.23 The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in Also, federal laws and regulations may restrict such sales You must buy The state of South Dakota does not tax lottery winnings How can I hear
