Tax on Lottery Winnings by State 2023

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States with no state income tax, like Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming do not tax lottery winnings Other states like

Florida Florida also doesn't tax lottery winnings, so your Mega Millions prize will only be subject to federal taxes Florida is also one of However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the

ss 385 lottery result today Thousands of Floridians have had their lottery winnings withheld by Your tax dollars pay the salaries of those working in the Department of The prize money is subject to federal taxes Many states also tax lottery winnings, though Florida has no state income tax A Florida law