The Lottery: Is It Ever Worth Playing?
The Lottery: Is It Ever Worth Playing?
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Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,
Lottery winners in Georgia face a tax rate of % on their winnings When Lady Luck smiles upon individuals in Georgia, they should be prepared to allocate a The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that
dream of someone else winning the lottery 10 lakhs, you must pay tax before driving it off You might have to give up the reward if you are unable to pay the required sum The only Taxes: The IRS requires that you report ALL Lottery winnings The Lottery If you do not have a computer, their phone number is 252-4144 • To