Annual sales of National Lottery in Great Britain 2008-2022

While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding

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

national lottery merseyworld What is taxed is sales revenue: a 5% lottery tax; an 8% allocation to charity or sponsorships In total, 13% of revenue

national heart foundation lottery Are my winnings tax free? You won't normally be liable for either UK Capital Gains Tax or UK Income Tax However, if you win the top prize in