how much tax do they take out of lottery winnings
Income Tax On Lottery Winnings And Game Show Winnings In India
how much tax do they take out of lottery winnings
how much tax do they take out of lottery winnings
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how much tax do they take out of lottery winnings Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments Personal Income Tax Facts: Taxpayer Davis, a computer programmer, buys 15 lottery Taking part in a lottery does not constitute a trade or business even when In fact, lottery winnings are taxed, with the IRS taking up to 37% Curiously, though, only 24% is withheld and sent directly to the government