Lottery Tax Rates Vary Greatly By State

indiana lottery tax
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Indiana is at the other end of the spectrum with a 3% tax rate If you live in certain states, you are in luck These states do not levy an income tax Alaska

Not only are the lottery winnings taxable income to the winner, which will be taxed at a marginal rate of 35%, if the winner tries to share them

indiana lottery scratch offs That means winners in California and New York would take home different amounts: California doesn't tax lottery winnings, while New York levies

indiana lottery pick 3 pick 4 With a state lottery tax of %, a winner in Indiana would take home slightly less The cash price would be roughly $ million while the