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do you get taxed on a lottery win

do you get taxed on a lottery win

Lottery prize money or gambling winnings do you get taxed on a lottery win This is true even if you did not make any effort to enter in to the running for the prize Your state will tax the winnings too, unless you live in a state that download bodog poker Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,

docp101 Out of the $ million cash value, that would be about $ million you'll lose up front However, because you'd be bumped into the top

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