Publication 140-W - FAQS: New York State Lottery Winners -

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The tax on lottery winnings, crossword puzzles, card games, etc is a flat rate of 30% After adding the health and education cess of 4%, the

The lucky ticket holder can expect an automatic federal withholding of 24% and state withholding of 8%, but the final bill will be millions more 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

how to book a slot for driving test How Our Lottery Winnings Taxed? California, unlike some other states, does not levy income tax on lottery tickets purchased within its borders The winnings are subject to a flat tax rate of 30% without any deductions The tax is usually deducted at