Betting and lottery tax
Yes, lottery winnings are taxable under state and federal law In Pennsylvania, all lottery winnings are subject to the commonwealth's %
Four Important Considerations If You Win the Lottery if you win lottery do you pay tax
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You are taxed on anything you win, whether it's cash, an item, a trip, or a service · Winnings are subject to federal and state income taxes · Most tangible
if i won the lottery how much would i get When you have gambling winnings, you may be required to pay an estimated tax on that additional income For information on withholding on gambling winnings,