taxes for lottery winnings
Taxes on Lottery Winnings: How Much Will You Get
taxes for lottery winnings
taxes for lottery winnings
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taxes for lottery winnings 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- US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government Gambling winnings are fully taxable and you must report the income on your tax return Gambling income includes but isn't limited to winnings from lotteries,