florida tax on lottery winnings
Florida State Tax Guide: What You'll Pay in 2024
florida tax on lottery winnings
florida tax on lottery winnings
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florida tax on lottery winnings Net lottery winnings are the total amount of winnings that remain after subtracting the cost of the lottery ticket The exact amount of tax There's a mandatory 24% federal withholding for winnings above $5,000 that goes straight to the IRS And while many states also tax lottery When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal
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