how much taxes taken out of lottery winnings
How much would the $ billion Powerball jackpot's tax bill be?
how much taxes taken out of lottery winnings
how much taxes taken out of lottery winnings
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how much taxes taken out of lottery winnings 2000- the prize , pays all taxes required to be duducted and withheld , the winnings as $ 12,501 ( $ 10,001 + 25 % ) Example 6 Tax Rate: Winning from lottery is taxable at a special rate of 30% No deduction is allowed Also no benefit of slab rate can be taken Yes, it's true Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as
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