North Carolina State Lottery Commission Releases June Sports

New Hampshire - No state taxes for lottery prizes; New Jersey - %; New Mexico - %; New York - %; North Carolina

Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no

ncyf 023 Still, you'll probably owe more when taxes are due since the top federal tax rate is 37% So a good first step a lottery winner could take is to

nc instant lottery Lottery and whole Charge thereof and no more ; and the remain- ing Two Hundred Pounds Tax as aforesaid , to pay so 544 LAWS OF NORTH CAROLINA