Taxes on Lottery Winnings for US Expats & Nonresident Aliens

how much is federal tax on lottery winnings
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tax journey of lottery winnings, from immediate withholdings by the IRS to the nuances of

For prizes over $5,000, the Lottery is required to withhold 25% for federal taxes, and 8% for state income taxes For Video Lottery℠ Platinum Series

how likely are you to win the lottery Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

how to play slot game Mega Millions after taxes The 2024 federal tax brackets place the Mega Millions jackpot winnings at a 37% tax rate, whether the winner opts for the lump sum