Connecticut Income Tax Treatment of State Lottery Winnings -

Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

The Lottery Department must deduct and withhold tax at a rate of % from $5,000 or $ Example 3: B purchases a lottery ticket for $ in the state

how to play tournament poker How much are lottery winnings taxed ? Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on

how many people win the lottery Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,