What Is the Tax Rate for Lottery Winnings? - Money

how are lottery winnings taxed
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Yes Gamblinglottery winnings are subject to Michigan individual income tax to the extent that they are included in your adjusted gross income The Michigan

Your winnings are considered taxable and are added to your ordinary income when taxes are calculated If your earnings are big enough, they can

how much to play the lottery That's because lottery winnings are treated as income by the federal government and most states, so the jackpots are subject to state and

how much is it to play postcode lottery According to federal and state laws, if you provide a social security number the Lottery withholds 28 percent from your prize winnings (24 percent federal; 4