How much taxes will be due on a US lottery winner after deductions

lottery tax in usa
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Lottery winnings are considered ordinary taxable income for both federal and state tax purposes Winnings are taxed the same as wages or salaries are, and the

While Americans are generally allergic to high taxes, the high tax rates on lottery winnings haven't provoked a public outcry If you win over While Americans are generally allergic to high taxes, the high tax rates on lottery winnings haven't provoked a public outcry If you win over

larry the lobster free online slot Lottery winnings are considered taxable income Besides the upfront withholding, your total federal tax rate could be higher—up to 37% If you A winner does not have to be a citizen in order to claim a prize Federal tax rates are subject to change and there may be an additional tax liability