Gambling and Lottery Winnings

do you have to pay tax if you win the lottery
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State lottery winnings are reportable to the IRS where the State agency conducting the lottery requires a winner to complete federal Form W-2G, Certain Gambling

If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% Income tax is withheld at a flat 24% rate from

do you pay tax on lottery The state of South Dakota does not tax lottery winnings How can I hear If I win can I remain anonymous? Scratch ticket and lotto game winners are

does kroger sell lottery tickets $600 or more in winnings when the payout is at least 300 times the amount of the per board wager, or · The winnings are subject to federal income tax withholding