'Beautiful prize': Oregon man with cancer wins $ lottery jackpot

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However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the

Tonda Lynn and her relatives found this out when the IRS, backed up by the Tax Court, ruled that there had been no binding contract to share the lottery

american online poker sites The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that

american dv lottery 2024 US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government