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The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn
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For example, if you would normally spend $150 each year on lottery tickets, consider putting that money instead in an investment that yields an 8% return Over
how to play lottery online While lottery winnings aren't taxable, you may be subject to taxes once you've deposited the funds or if you give any winnings as a gift Let's
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