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do you pay tax on the lottery

All About Lottery Taxes

do you pay tax on the lottery

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do you pay tax on the lottery

website do you pay tax on the lottery Not only do you have to pay taxes to the federal government on your lottery winnings, you may also need to pay state income taxes as well does a straight beat three of a kind in poker You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize

do you pay tax on the lottery Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments  In Pennsylvania, all lottery winnings are subject to the commonwealth's % state personal income tax, plus an additional 24% through federal  Your local citytown may also require your lottery winnings to be taxed as income and this can result in another line of deduction from your

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