Man wins top prize worth $1 million on Ohio Lottery scratch-off ticket
Man wins top prize worth $1 million on Ohio Lottery scratch-off ticket
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In Ohio, lottery winnings are subject to a tax rate of 4% When individuals win the lottery in Ohio, they must allocate a portion of their winnings to fulfill
How it works: Ohio lottery winnings over $600 are taxed as income If I won today's $550 million jackpot, I'd pay 24% Edward Alanson Miller PAGE 37 An act to authorize the drawing of a lottery taxes in certain cases An act to incorporate the Union School Association
virginia lottery virginia lottery If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,
