Powerball and taxes: What you have to pay if you win the $935 million

how many times do you pay taxes on lottery winnings
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The first thing you'll want to know is whether you pay any tax on your lottery winnings And, if you want to gift money to your family, you'll

The tax must be withheld by the Lottery Department on the date of actual or constructive payment, whichever is earlier, as defined in federal Treasury

how many players in poker Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

how much of lottery winnings are taxed If you do not select the cash or annuity option within the 60-day time Taxes: The IRS requires that you report ALL Lottery winnings The Lottery is