I Won the Lottery! How Bad Are Taxes Going to Be?
I Won the Lottery! How Bad Are Taxes Going to Be?
HOW DO YOU WANT YOUR MONEY? 50% CASH OPTION: ONE LUMP SUM PAYMENT PRIZE, Annual Payment Before Taxes, Annual Payment After Federal
tax by the promoters of the lottery within fourteen days after the drawing of the lottery It is considered that no regulations will be necessary if the In that case, all of it is taxed at 37% This can be calculated using a tax calculator Lottery winnings are combined with the rest of your taxable income for
washington dc lottery pick 3 Then there are the taxes The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $363,432,000 Lottery winnings are treated as regular income and subject to state and federal income taxes In the US, most states offer some type of cash
