Special tax on lottery prizes and betting

how is the lottery taxed
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The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn

No, winnings are taxed at a flat rate of % They are not taxed at the tax slab rate of the individual

how to get into the world series of poker How lottery prizes or winnings affect your taxes or potentially unemployment benefits, depends upon your individual financial situation Winning a lottery prize

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