kentucky lottery tax calculator
Lottery Payout and Tax Calculator
kentucky lottery tax calculator
kentucky lottery tax calculator
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kentucky lottery tax calculator The Kentucky gambling tax rate is a flat 6% of the proceeds paid in 2023, and gambling winnings are subject to federal Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no Kentucky, Colorado and Virginia won $2 million prizes by matching Some states also tax lottery winnings, meaning winners in Arizona