Illinois Lottery Calculator, Gambling Winnings Taxes

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As you can see from the table above, your winning lottery ticket bumped you up from the 22% marginal tax rate to the 24% rate (assuming you are

New York City and However, some states — like Florida, Texas and California — don't charge income tax on lottery winnings, per Forbes

lottery sambad 61023 Higher tax brackets mean you're paying additional taxes on that prize » Want to dream big? Try our lottery tax calculator What if you win a

lottery no check The same is true at the state level While lottery winnings are subject to state income tax in most states, withholding tax varies from zero (