Massive NJ lottery sales set new record: Here's where the money goes
Massive NJ lottery sales set new record: Here's where the money goes
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What are the lump sum lottery winnings after taxes? The federal tax on the lottery is determined by the federal marginal rates, which is 37 percent in the
Driven by huge jackpots in the multi-state Powerball and Mega Millions lottery, sales in New Jersey hit $ billion last year taxes Two Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,
jungle slot machine What are the lump sum lottery winnings after taxes? The federal tax on the lottery is determined by the federal marginal rates, which is 37 percent in the According to the state's lottery, New Jersey taxes lottery prizes of more than $10,000 and up to $500,000 at a rate of 5% But since we're talking about a