Florida lottery winner has 5 million reasons to be happy, before taxes

taxes on lottery winnings in florida
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Depending on where you bought your ticket, some states, like Florida, have no lottery income tax while others have top-income state tax brackets

The Connecticut Lottery Corporation will withhold Connecticut income tax at the rate of % from all payments of reportable Connecticut lottery winnings made

taxes on $2 million dollars lottery winnings 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

taxes on $5 The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that