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do you have to pay tax if you win the lottery

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do you have to pay tax if you win the lottery

website do you have to pay tax if you win the lottery Do I Have to Pay Taxes on Game Show Winnings and Prizes? The short answer: yes, even if it's not in cash Here's more on how taxes work for download game slot online Like all other taxable income, the IRS requires you to report prizes and winnings on your tax return, too That means you might have to pay

do you have to pay tax if you win the lottery With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after  At present, lotteries run by state governments attract 12% GST while those authorised by them and sold outside the state are taxed at 28% The Lotteries (  If You Win a Car, Do You Pay Taxes? Just like if you won the lottery, there is a prize tax imposed when you win a car Any earnings of $600 or

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