How the Lottery Works and How Much You'd Keep If You Won

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Check out our budget calculator While Americans are generally allergic to high taxes, the high tax rates on lottery winnings haven't provoked

Just like other gambling winnings, lottery prizes are taxable income Lottery income is taxed like other gambling income, with initial Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are

master of books unlimited slot The CT Lottery is required by law to withhold Connecticut state income tax on all gambling winnings that are either: 1) subject to federal payout after winning a Mega Millions prize The tool also calculates your tax liability for each option Mega Millions tax calculator To use