Gambling Winnings Tax

what are federal taxes on lottery winnings
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Lottery winnings that are more than $5,000 get a federal tax of 24 There are also additional federal taxes of about 37% In total

Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The

what makes a good poker player In the US, if you win the lottery, you will owe income tax for the year in which you win it In subsequent years you may be taxed on any

what are the odds of winning the people''s postcode lottery lottery wi technical and a fifteen of of suc any amou Section Federal State Local