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if you win lottery do you pay tax
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Do you have to report casino winnings to the IRS? Gambling winnings are fully taxable and you must report the income on your tax return, even if

You will have to pay taxes on your lottery winnings The tax rules involved with your work should be noted well The Legality of Lotteries

if i win the lottery how much goes to taxes Again, gifted lottery winnings themselves are not taxable But if you use the amount to generate income, some forms of taxes will apply Capital gains from it

if you win 10 million in a lottery how much is taxed Do I have to pay taxes on winnings? You must pay taxes on Illinois Lottery prizes Therefore, we strongly suggest players contact a financial planner, tax