Are gamblinglottery winnings subject to Michigan individual income
Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a
Do you need to pay tax on lottery winnings? how much does the government take from lottery winnings
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Most prize winners pay a fixed federal income tax rate of 24% on their lottery winnings over $5,000 Federal prize withholdings are calculated on the amount of
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