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what are federal taxes on lottery winnings

Mega Millions Jackpot Hits $875 Million: Here's What The Winner

Mega Millions Jackpot Hits $875 Million: Here's What The Winner

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what are federal taxes on lottery winnings

Mega Millions Jackpot Hits $875 Million: Here's What The Winner what are federal taxes on lottery winnings The Internal Revenue Service imposes a federal tax rate of 24%, and California's state income tax, with rates ranging from 1% to %, what''s the best slot machine to play 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

what''s the best slot machine to play Lottery winnings and prizes are considered income by the IRS and are subject to federal and state income tax You'll owe taxes in the year

what is poker rake The Internal Revenue Service imposes a federal tax rate of 24%, and California's state income tax, with rates ranging from 1% to %, All lottery winnings are considered income and as such are taxed according to the applicable Federal, District, state and local laws The lottery cannot

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