5 Tips for Avoiding Taxes on Lottery Winnings

texas lottery tax
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Texas jackpot Texans may grin smugly if they win, for Texas has no state tax on lottery prizes An annuity total of more than $517 million, or

Texas Lottery, in a news release “If you have the winning ticket Tax forms and currency appear in this file image (Spectrum News

texas holdem poker zynga While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding

texas lottery tickets However, there's a silver lining for residents of Texas, as you'll be exempt from any state taxes on your lottery winnings, providing significant savings As a