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how much taxes is taken out of lottery winnings

how much taxes is taken out of lottery winnings

How much does Powerball jackpot winner get after taxes? how much taxes is taken out of lottery winnings Gambling winnings are fully taxable and you must report the income on your tax return Gambling income includes but isn't limited to winnings from lotteries, how to stay safe after winning the lottery Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

how to play ca lottery The same is true at the state level While lottery winnings are subject to state income tax in most states, withholding tax varies from zero (

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