Florida Lottery Ticket Wins $ Billion, $ Million After Taxes

Though some states do not have a state lottery tax withholding, they all must withhold 24% in federal tax on prizes as large as this jackpot

You're required to report all of your gambling winnings as income on your tax return, even if you end up losing money overall · You may receive

florida lottery pick 3 play 4 A Jacksonville tax preparer, a single mom from Clermont and a chef from the Treasure Coast

florida lottery 2nd chance State Taxes: Florida does not impose a state income tax, so you will not owe any state income tax on your lottery winnings Additional