Income Tax Calculator Lottery Winnings

Before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000, CNBC explains Out of

Lottery Tax Rates Vary Greatly By State ; Iowa, % ; Kansas, % ; Kentucky, % ; Louisiana, %

kansas city missouri lottery The size of your prize indicates the tax rate your winnings will be subject to Lottery winnings up to $ are tax-free Anything above this amount is taxed

kansas lottery mega millions numbers The size of your prize indicates the tax rate your winnings will be subject to Lottery winnings up to $ are tax-free Anything above this amount is taxed