Oregon's lottery winner is a billionaire before taxes; how much will

how much taxes are taken from lottery winnings
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how much taxes are taken from lottery winnings A: The Lottery Winnings Tax is only charged on cash prizes A: All persons who receive more than $1,000 on their bet, the tax will be deducted from their  The Internal Revenue Service requires the California Lottery to withhold federal taxes from many prizes Many winners have shared their winnings with  The Internal Revenue Service requires the California Lottery to withhold federal taxes from many prizes Many winners have shared their winnings with

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