Arizona Lottery winner brochure

us lottery tax for foreigners
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But IRS tax rates don't stop at 24% In fact, the federal marginal rate is as high as 37%, depending on the winner's taxable income The winner

All lottery winnings are considered income and as such are taxed according to the applicable Federal, District, state and local laws The lottery cannot

used slot machines for sale near me If your prize is over $5,000, the IRS requires the payor to withhold 28% for federal taxes In addition to federal tax on lottery winnings, your

used slot cars for sale However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the