Taxes on Lottery Winnings in UK

lottery calculator taxes
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Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are

Meanwhile, other states have tax rates for lottery winnings that generally range from about 3% to almost 11% But in any case, once applicable taxes are taken

lottery result br93 You calculate taxable income by subtracting the greater of the Some states have no income tax or don't tax lottery winnings, but

lottery lottery How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22