Lottery Tax Rates Vary Greatly By State

Lottery Tax Rates Vary Greatly By State tax for lottery The CT Lottery is required by law to report and withhold federal income tax on all gambling winnings valued at more than $5,000 (Under certain taxi 88 slot Washington Washington has no personal income tax and won't tax your lottery winnings at the state level However, Washington's state Supreme

taxi 88 slot (Frequently-asked questions about gambling winnings other than State lottery winnings are answered in Informational Publication 2001, Connecticut Income Tax

tax rate for lottery winnings of the Revised Code, the state lottery commission shall deduct and withhold an amount equal to four per cent of the payment from each lottery prize award Q: Are lottery prizes subject to taxation? A: Effective August 13th 2018, lottery winnings are subject to taxation ; Q: What is the rate of tax? A: Ten percent