How much taxes will be due on a US lottery winner after deductions

what is the federal tax on lottery winnings   Dan what percentage does a store get for selling a winning lottery ticket

Who must pay Maryland income taxes on their winnings? Anyone who receives winnings from lottery games, racetrack betting or gambling must pay income tax on

Depending on your other income and the amount of your winnings, your federal tax rate may be as high as 37% You may also be subject to state In Pennsylvania, all lottery winnings are subject to the commonwealth's % state personal income tax, plus an additional 24% through federal

劉玥外流 And while winning the lottery isn't exactly a reliable career plan, the federal government treats lottery winnings as income Immediately, 24% 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