Florida lottery winner claims $ billion prize, but identity still secret

florida lottery taxes
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Just like any other form of gambling in the state, wins in the Florida lottery are subject to federal taxes but no state taxes However, the

What is the exact tax amount for a Florida lottery $1000 ticket? • Discover the exact tax amount A Florida man turned $20 into $5 million after buying a scratch-off ticket in Milton

numero uno slot The search came to an end at midnight on Tuesday, as no one appeared at the Florida Lottery headquarters in Tallahassee to claim the prize  The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes