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how much is federal tax on lottery winnings

how much is federal tax on lottery winnings

Personal tax tip #59 Gambling Winnings and Your Maryland Tax how much is federal tax on lottery winnings winnings as income on their tax return Gambling income includes, but is not limited to, winnings from lotteries, raffles, horse and dog races and casinos how to play pineapple poker That's a big check to write come April 15th Since the tax withholding rate on lottery winnings is only 24%, some lottery winners do not plan

how to predict the lottery Not all states tax for lottery winnings, Federal does though Federal is entitled to 28% under 500k Over 500k they can take up to like 38% For

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