How are Lottery Winnings Taxed?

And there we have it, great news for you, no tax on your winnings! If you won big you can stay super rich for life providing you don't spend it all on fancy

Out of the $ million cash value, that would be about $ million you'll lose up front However, because you'd be bumped into the top

download poker for windows Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

docp215 Absolutely Lottery winners can employ various tax planning strategies to mitigate their tax liability and make the most of their windfall a)