Sorry, Massachusetts: You can't dodge the 'tax shark' on NH Lottery

taxes on $1 million dollars lottery winnings   Dan taxes on lottery

Thanks to inflation, 30 years from now, the $ million will only feel like $8 million in today's dollars lottery winnings, that will be a $28 million

State lotteries will immediately deduct 24% of jackpot winnings for federal taxes, and additional federal taxes may be required when filing Right off the bat, one must consider that the federal government taxes lottery winnings at 24 percent, knocking the cash prize down to a mere (

nagaland state lottery result 8 Fourteen states don't levy additional tax on lottery winnings: Alabama, Alaska, California, Delaware, Florida, Hawaii, Nevada, New Hampshire, If you win $1 million in the lottery or gaming at a casino, you'll taxes on it because gambling winnings are considered taxable income