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All About Lottery Taxes

All About Lottery Taxes

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With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after

Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on lottery winnings, ranging from 0% to %

after lottery tax calculator lottery administration is the same If the winner wants an an- nuity, the calculator with financial mode or a spreadsheet Either □ way, we find i

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