What are the tax implications of winning money or valuable prizes?

what is the federal tax rate on lottery winnings
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The cash value is not an annuitized percentage but the cash value Taxes: The IRS requires that you report ALL Lottery winnings The Lottery is

for both federal and state income tax purposes Maryland taxes will be withheld at a rate of percent on a resident's winnings For a nonresident, the

what beats a royal flush in poker If the winnings are received during the residency portion of the winner's taxable year, all gambling winnings, to the extent includable in the winner's federal

what is 5 card poker called Like all other taxable income, the IRS requires you to report prizes and winnings on your tax return, too That means you might have to pay