Montcalm County woman wins nearly $800000 with lottery ticket

michigan lottery taxes
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The Michigan Lottery

The Breakfast Club lottery club opted for a cash lump sum of $305 million after taxes, Michigan Lottery Commissioner Suzanna Shkreli told Michigan Lottery prizes are subject to federal, state and local income taxes You may be required to make estimated tax payments by filing a form 1040ES with

dear 1 pm lottery result today Lottery winnings over $5,000 are subject to both federal and state income tax withholding—this is, part of your winnings are automatically paid It was seen as a way to raise state revenue, particularly for education, without increasing taxes The Michigan Lottery was created in 1972, and