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how much federal tax on lottery winnings

How much of the $ billion Powerball jackpot is left after taxes?

how much federal tax on lottery winnings

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how much federal tax on lottery winnings

how much federal tax on lottery winnings
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how much federal tax on lottery winnings Further, dividends and capital gains would probably be taxed at a federal rate of roughly 24 percent (The sum of the top capital gains and  winnings as income on their tax return Gambling income includes, but is not limited to, winnings from lotteries, raffles, horse and dog races and casinos  Before the winner receives any of the money, however, the IRS automatically takes 24% of the winnings The rest of the winnings are expected to be paid by the

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