whats the tax on lottery winnings
Betting, Gaming and Lottery Tax
whats the tax on lottery winnings
whats the tax on lottery winnings
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whats the tax on lottery winnings FAQs: New York State Lottery Winners What are my tax responsibilities for New York State? The lottery prize payment is gambling winnings taxed as ordinary Regardless of which option the player takes, the IRS takes a minimum 24% federal withholding tax upfront on lottery winnings That's a big chunk In Texas, how taxable are lottery and out-of-state casino winnings? All gambling winners are required to fill out a W-2G Form to report winnings