How much tax has to be paid on lottery or game show prize money?

do you have to pay tax for lottery win - AIIMS do you pay tax on the lottery Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket, download governor of poker Lottery winnings are tax free but any income earned on those winnings is taxable and should a winner choose to gift some cash to their relatives

doge slot We do not tax California Lottery or Mega millions Visit Schedule CA This income will be included in your federal adjusted gross income, which