Do you need to pay tax on lottery winnings?
This planning option will not work for lump-sum recipients For example, winners in a high-tax state such as New Jersey would have to pay a
Tax Planning for Lottery Winners how do taxes work on lottery winnings
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Lottery winnings are considered ordinary taxable income for both federal and state tax purposes Winnings are taxed the same as wages or salaries are, and the
how does a poker face look like The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 claimed after July 12, 2016 Winners of over $600