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how much do you get taxed on lottery winnings

Who can you give your lottery winnings to?

how much do you get taxed on lottery winnings

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how much do you get taxed on lottery winnings

website how much do you get taxed on lottery winnings The amount won is subject to a tax of 30% from the winner, irrespective of any other income the individual might be earning This is maintained how to play ohio lottery online The amount won is subject to a tax of 30% from the winner, irrespective of any other income the individual might be earning This is maintained

how much do you get taxed on lottery winnings You are taxed on anything you win, whether it's cash, an item, a trip, or a service · Winnings are subject to federal and state income taxes · Most tangible  Here's the truth with gambling taxes: both cash and noncash gambling winnings are fully taxable What are cash winnings? Cash winnings include money you  First, any prizes above $5,000 will be hit at least with a 24% federal tax, regardless of which state you are in The winner may owe additional

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