how much does the government take from lottery winnings
Florida Lottery Ticket Wins $ Billion, $ Million After Taxes
how much does the government take from lottery winnings
how much does the government take from lottery winnings
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how much does the government take from lottery winnings The federal government will take 24% off the top of lump sum winnings from a lottery jackpot do not tax lottery winnings This means With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after While your ticket purchase might be a long shot, the government cut of the winnings is guaranteed And in all likelihood, at least one state is
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