Oregon's lottery winner is a billionaire before taxes; how much will

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Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

LOTTERY FRAUD The victim is informed he has just won an award or a foreign lottery In order to collect the money, the victim is asked for advance tax Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no

slot machines online 4rabet New York levies the highest tax on wins at %, followed by Maryland and the District of Columbia , according to Lottery USA If The tax break will be to the extent of tax paid in USA or Tax applicable in India whichever is lower In other words you will not get a refund