Do I have to pay taxes every year on lottery winnings?

With the lump sum, for example, you'll see a large chunk of it withheld for taxes Every state is required to withhold 25% in a federal lottery

Do I have to pay taxes on my winnings? Yes All prize winnings are subject to federal and state income tax withholding State tax of % is automatically

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does hawaii have a lottery Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are