IP 200938 Connecticut Income Tax Treatment of State Lottery

Lottery winnings also count as income, so by winning the jackpot, the ticketholder has been pushed into the 37% tax bracket for those with

Personal Loans if You Don't Have Credit · Best Credit Cards Before seeing a penny of the jackpot, winners pay a sizable tax withholding

how to set up a poker game The Connecticut Lottery Corporation will withhold Connecticut income tax at the rate of 5% from all payments of reportable Connecticut lottery winnings made to

how long does it take to claim lottery winnings How much tax does the IRS take from lottery winnings? The IRS automatically withholds 30% of net lottery winnings in the US The rate at which