How Are Lottery Winnings Taxed by State?

Learn how state taxes affect lottery winnings Our guide covers different state tax rates, deductions and tips for managing your prize

Federal taxes: $ million; Take-home: $538 million The total federal tax rate, however, is higher Tax experts say exact tax amounts can't

nyc half lottery As you can see from the table above, your winning lottery ticket bumped you up from the 22% marginal tax rate to the 24% rate (assuming you are

nyc housing lottery application Our tax calculator can be used in popular gambling states such as CO, IN, KS, LA, MI, NJ, NV, NY, PA, TN, and VA To use the calculator, you would select your