Lottery buyers line up to pay a tax

SNAP Reporting of Lottery and Gambling and Resource Verification does virginia tax lottery winnings Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket, does 7_11 sell lottery tickets But if you take the lump-sum cash prize, you'll pay tax twice: on the prize when you win it, and on the income you get by investing it This

does hawaii have a lottery The lottery winnings are taxable income in the state where you bought the ticket The taxes you pay to that state on the winnings are eligible