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Some states have no income tax or don't tax lottery winnings Sign up for free newsletters and get more CNBC delivered to your inbox

You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize 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

all american doulbe up video poker kostenlos spielen Again, gifted lottery winnings themselves are not taxable But if you use the amount to generate income, some forms of taxes will apply Capital gains from it HM Revenue & Customs doesn't regard lottery winnings as income, so all prizes are tax-free