Taxes on Lottery Winnings Explained

states that don't tax lottery winnings
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New Hampshire and Tennessee don't have income taxes, but do tax certain investment income, so if a Powerball andor Mega Millions winner is from

Details on when and how much the winner pays differ by state Then there are 13 states that don't tax a person's lottery winnings, according to

states where you can remain anonymous lottery Lottery winnings are considered taxable income for both federal and state taxes Federal tax rates vary based on your tax bracket, with rates up to 37% Winning

states that don''t have lottery California and Pennsylvania also exempt lottery winnings from state income tax People like the idea of winning, and they don't like the idea