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These are the best, worst states to win the lottery in us lottery tax for foreigners If you win a 1 billion $ jackpot in US you pay around 450 mil -600 mil , and remaining can be transferred to India without any tax , usa diversity lottery The tax must be withheld by the Lottery Department on the date of actual or constructive payment, whichever is earlier, as defined in federal Treasury

usa diversity lottery If you win more than $5,000, you have to pay a 24 percent federal withholding tax However, depending on your annual earnings and tax deductions, you may get

usaha 118 slot Although you don't have to pay taxes on your lottery winnings, there are a number of things to keep in mind once the money has been sent to you  For Pennsylvania and federal income tax purposes, winnings or proceeds from wagering transactions are not taxable until, and to the extent all of the following