Dennis Ensing on LinkedIn: How much tax do you pay on lottery

how much tax do you pay for lottery winnings
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Personal Income Tax Facts: Taxpayer Davis, a computer programmer, buys 15 lottery winnings by the amount paid for the winning ticket Directive 1

According to CNBC, these jackpot winners would then have to pay another 13% in federal taxes to satisfy the income tax requirement The Oregon

how much does irs take from lottery winnings How much are lottery winnings taxed ? Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on

how to win powerball lottery If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding