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TIR 79-6: Income Taxation Of Gambling Winnings - how much do you pay in taxes on lottery winnings
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That's right, even lottery winnings are subject to taxes, which can put a dent in your grand plans for spending your newfound wealth So, before you start
how much are lottery annuity payments As previously mentioned, you have to pay federal income tax on lottery winnings Right off the bat, lottery winnings over $5,000 are subject to