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Here's the tax bill for the winning $ Mega Millions ticket

Here's the tax bill for the winning $ Mega Millions ticket

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how much does lottery tax
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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

The duty is based on the number of players that can play at a game of chance machine How would you rate this page?  Lottery winnings are considered taxable income for federal tax purposes and your winnings are taxed the same as your wages or salary Most prize winners pay a

heart foundation nz lottery In that case, all of it is taxed at 37% This can be calculated using a tax calculator Lottery winnings are combined with the rest of your taxable income for How much are lottery winnings taxed ? Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on

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