Publication 140-W - FAQS: New York State Lottery Winners -

US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government

Under Act 84 of 2016, the Pennsylvania personal income tax of percent now applies to Pennsylvania Lottery cash prizes paid after January 1, 2016

taxes on lottery winnings calculator This form reports the amount of your Lottery winnings and must be filed with your federal income tax return You should also keep a copy for your records

taxes on poker winnings winnings If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You