How much do lottery winners pay in taxes?

lottery taxes
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Q: Can a resident of Canada purchase Minnesota State Lottery tickets? If a Canadian citizen wins, how would the payment be made and how are the taxes paid? A:

How lottery prizes or winnings affect your taxes or potentially unemployment benefits, depends upon your individual financial situation Winning a lottery prize Lottery Prizes

kerala lottery jackpot today result Lottery and Gambling Winnings · 5% for Lottery payouts between $10,001 and $500,000; · 8% for Lottery payouts over $500,000; and · 8% for The governing lottery body withholds 24% of the prize automatically, leaving the balance to be paid by the winner, according to Lottery USA