Tax Requirements for Lottery Prizes

The lottery tracking group estimated a final Oregon tax rate of % or $ million, reducing the prize to a final payout of $329,792,812

As most lottery jackpot winners do, the victorious group opted for a single lump sum, which amounted to $422m after taxes It undoubtedly

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oregon lottery win for life The prize is subject to federal taxes, while many states also tax lottery winnings The winning numbers drawn early Sunday morning were: 22