Gambling and Lottery Winnings
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
23VAC10-140-282 Withholding on lottery prizes does the lottery get taxed
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A person that purchases an assignment of a lottery prize is required to do all the following: Withhold Wisconsin income tax from the
does a flush beat a full house in poker Lottery sales are already taxed yet they tax your winnings Same way some states make you pay annual property tax for property you were already