Lottery jackpot records
Lottery jackpot records
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How do you claim a lottery prize in Wisconsin? That depends on how much you won For prizes up to $599: You can redeem your winnings at any
Lottery winnings are considered ordinary taxable income for both federal and state tax purposes Winnings are taxed the same as wages or salaries are, and the Besides the time-value-of-money discount rate, a lump-sum payout also results in federal tax of 37% on every dollar over $539,900
free video poker games for fun If you were an Illinois resident when the gambling winnings were earned, you must pay Illinois Income Tax on the gambling winnings However, you may include For instance, New York has one of the highest tax rates on lottery winnings at % Some states do not levy income tax or tax lottery winnings
