Do you need to pay tax on lottery winnings?

Do you have to pay tax on a lottery win? why are lottery winnings taxed Similar arrangements, some set up before a lottery win and some after, are commonly made to share lottery winnings while trying to avoid gift taxes However, why doesn''t alabama have a lottery That's because lottery winnings are treated as income by the federal government and most states, so the jackpots are subject to state and

why do people play slot machines The reward would be subject to tax according to Section 56 and reported under the title “Income from Other Sources ” The lottery winners are