Taxes on Lottery & Gambling Winnings: What You Need to Know

Taxes on Lottery & Gambling Winnings: What You Need to Know new york lottery tax calculator
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new york florida lottery Is the tax rate different for different lotteries? No All gambling winnings are treated equally This means if you win Mega Millions, Powerball or a state For example, winners in a high-tax state such as New Jersey would have to pay a % top marginal rate in state taxes alone If a New