How Taxes on Lottery Winnings Work

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US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government

The state of South Dakota does not tax lottery winnings How can I hear about daily updates, special promotions, and jackpot winners? There are a few In total, there are 36 states that impose taxes on lottery winnings The 36 states and their corresponding lottery tax rates are New York , Maryland (

女優免費看 tax is withheld from the prize Note: If two or more claimants share in the taxation of the lottery prize, the Wisconsin Lottery will issue each  lottery which are subject to withholding shall deduct and withhold from such payment a tax in an amount equal to 20 percent of such payment