how much is the tax on lottery winnings
Taxes on Lottery & Gambling Winnings: What You Need to Know
how much is the tax on lottery winnings
how much is the tax on lottery winnings
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how much is the tax on lottery winnings There are federal and state US taxes payable on larger US lottery winnings The federal tax rate that is paid as a non-resident winner is 30% on payouts above The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that The tax rate for winning from lotteries and game shows is %, including cess Out of this, a 30% tax is applied on winning the lottery and
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