Who can you give your lottery winnings to?
Who can you give your lottery winnings to?
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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
Maryland taxes will be withheld at a rate of percent on a resident's winnings For a nonresident, the withholding rate is percent If I won more than The Connecticut Lottery Corporation will withhold Connecticut income tax at the rate of % from all payments of reportable Connecticut lottery winnings made
lucky drink in egypt slot Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments As previously mentioned, you have to pay federal income tax on lottery winnings Right off the bat, lottery winnings over $5,000 are subject to