Taxes on Lottery Winnings for US Expats & Nonresident Aliens
Taxes on Lottery Winnings for US Expats & Nonresident Aliens
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conducted by the New York State Division of Lottery are subject to New York State income tax if includable in federal adjusted gross income for the taxable year
For example, New York would tax the Mega Millions jackpot winner at % Pennsylvania would only tax the winner % Can you avoid taxes on a Mega Millions Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37%
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