Planning on Sharing your Lottery Winnings with your Family: Write it

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Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The

There is however, one guaranteed winner in the lottery–the IRS Not only are the lottery winnings taxable income to the winner, which will be Lottery winnings are taxed as income The IRS will take 25% and as much as an additional 13% could be withheld in state and local taxes, depending on where you

蜜美杏線上看 Individuals in California are not required to pay state taxes on their winnings but are still subject to federal income taxes The odds of taxes, which reduce the payout by more than a third However, California is one of eight states that do not tax Powerball winnings Castro