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5 Tips for Avoiding Taxes on Lottery Winnings

5 Tips for Avoiding Taxes on Lottery Winnings

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Lottery taxes are really high, so if you think you will ever win this is how much money you would

Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

lottery place The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn

lottery sambad 25 08 23 State taxes on lottery winnings differ · Washington, : % · Maryland: % · New York: % · New Jersey: 8% · Oregon: 8% · Wisconsin: %

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