Gambling and Lottery Winnings
Three methods are used by the government to collect income tax: taxes deducted at source from the income of the recipient; taxes
What Is the Tax Rate for Lottery Winnings? - Money how much taxes deducted from lottery
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The Connecticut Lottery Corporation will withhold Connecticut income tax at the rate of 5% from all payments of reportable Connecticut lottery winnings made to
how to set up a trust for lottery winnings Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,
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