Do I need to pay tax on my winnings?

how much do they tax the lottery
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If the Mega Millions winner takes the lump sum, right away nearly a quarter of the prize is withheld for federal taxes And they're not off the

Winners will receive a W-2G form for the value of the prize at the time payment is processed in compliance with IRS requirements to use in filing their tax

how to play mississippi stud poker For residents and resident aliens, percent in federal and state withholding taxes is deducted for every Lottery prize over $5,000 Current federal tax law

how to book a slot for aadhar card The rewards are categorised as “Income from Other Sources” under Section 56 of the IT Act, 1961 How will you be taxed if you win a car or a