These Eight States Won't Tax Your Mega Millions Jackpot Winnings

american lottery tax
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Some states, such as California, don't tax lottery winnings But for other state lotteries, you'll be taxed at your ordinary income tax rate Most states that

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

american slot machine Question: My husband and I recently won the grand prize from my State's lottery Can you provide some guidance on how we will be taxed on our lotto winnings

american lottery ticket price If you win the jackpot you will be subject to the top federal tax rate of 37 percent Players who are not citizens are subject to an initial federal tax