Taxes on Lottery Winnings: How Much Will You Get

website how much taxes on lottery There are also additional federal taxes of about 37% In total, you'll be paying more than $19 million Your total annual payment in California how to win the lottery bitlife However, because your winnings are also subject to a 24% tax withholding, that cash value means you'll walk away with only $ million to

how much taxes on lottery In India, lottery winnings are subject to a tax deduction at source of 30% if the amount of the winning exceeds Rs 10,000 Therefore, if  The CT Lottery is required by law to report and withhold federal income tax on all gambling winnings valued at more than $5,000 (Under certain  Lottery winnings are taxed at a flat 30% rate in the states where it is legal to play and can be added an extra percentage depending on the

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