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what is the tax percentage on lottery winnings

what is the tax percentage on lottery winnings

Do you need to pay tax on lottery winnings? what is the tax percentage on lottery winnings winnings are subject to tax The tax rate on such winnings is a flat rate of 30%, and this applies to both resident and non-resident winners what happened to full tilt poker How Lottery Winnings are Taxed But remember, the federal tax brackets are marginal brackets, and you won't pay 37% on all your winnings

what happens if your lottery ticket is damaged Will the New Jersey Lottery withhold income tax on taxable winnings? A The rate of withholdings is determined by the amount of the payout Once it is

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