Directive 86-24: Lottery Winnings; Lottery Tickets -
Directive 86-24: Lottery Winnings; Lottery Tickets -
how much do they tax on lottery winnings
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Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%
Still, you'll probably owe more when taxes are due since the top federal tax rate is 37% So a good first step a lottery winner could take is to
how much commission does a lottery retailer get their winnings Consequently , we believe it would be appropri- ate and desirable in conjunction with enactment of 11294 , to enact legisla- tion which
how to win at poker with friends Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax