Winnings - Singapore

The IRS automatically withholds 30% of net lottery winnings in the US The rate at which the net winnings are ultimately taxed though depends on

Depending upon the amount of your winnings and the type of gambling, the establishment or payer may be required to withhold income taxes In general, 24% of the

federal tax on lottery For winnings of more than $5,000 the DC Lottery withholds percent of lottery winnings for District income taxes District tax withholding rates are subject

federal lottery tax rate Not all states tax for lottery winnings, Federal does though Federal is entitled to 28% under 500k Over 500k they can take up to like 38% For