does illinois tax lottery winnings
Can you use a trust to protect your lottery winnings?
does illinois tax lottery winnings
does illinois tax lottery winnings
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does illinois tax lottery winnings How much tax does the IRS take from lottery winnings? The IRS automatically withholds 30% of net lottery winnings in the US The rate at which If you were an Illinois resident when the gambling winnings were earned, you must pay Illinois Income Tax on the gambling winnings However, you may include Those include an automatic withholding tax of 24% levied against the winnings, and another 13% in federal taxes when you file your 2024 return