North Carolina: $2 million lottery winner
And North Carolina taxes any lottery winnings over $600 as income For 2022, the individual income tax rate is %, which means the lottery
NC General Statutes nc lottery tax
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Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37%
nc lottery day draw The North Carolina tax return reports the SC lottery winnings, and computes the state tax on all the income Then, you get to claim a tax credit
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