Tallying Up the Taxes on Lottery Winnings - TurboTax

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State Taxes: Florida does not impose a state income tax, so you will not owe any state income tax on your lottery winnings Additional

Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket, The good news for this winner — besides winning the lottery in the first place — is that Florida doesn't tax lottery winnings Most states do

poker mentiroso Florida Lottery winners collect $10k prizes after being told She did receive her $10,000 check, minus taxes “The thing I don't Of course, there are also state income taxes you may have to worry about, but if you're in Florida, that's a non-factor The next drawing will