5 Tips for Avoiding Taxes on Lottery Winnings

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The Ohio Lottery Commission says Jeraldine Lisko bought a $5 scratch After mandatory state and federal taxes totaling 28 percent, Jeraldine

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 Ohio Lottery taxes are virtually identical to gambling taxes If you win more than $600, Ohio will withhold taxes of 4% while federal

lottery sambad 13 6 2023 The official app of the Ohio Lottery This app provides the information Ohio Lottery players want most, including: - Current and past winning numbers for a… The Ohio Lottery withholds a 25 percent federal tax and 4 percent state tax for prizes of more than $5,000, but winners may owe additional taxes