Why do we pay taxes on lottery winnings if the money people use to

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The $ billion is only if you take it over time If you want it all now, you get $ million Then, with IRS and state taxes,

How Much Do Lottery Winners Pay in Taxes? Unveiled! Are you curious about the tax 134 votes, 143 comments 59K subscribers in the IndiaTax community A subreddit for all tax related queries and discussion in India

il gioco del poker The reward would be subject to tax according to Section 56 and reported under the title “Income from Other Sources ” The lottery winners are How Taxes on Lottery Winnings Work Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be