Lottery Tax Calculator: How It Works, What You Owe

taxes lottery
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3iC6FCI So in this brief video, what I want to do is break down how much taxes the

A: Effective August 13th 2018, lottery winnings are subject to taxation Q: What is the rate of tax? A: Ten percent  In India, lottery winnings are subject to a tax deduction at source of 30% if the amount of the winning exceeds Rs 10,000 Therefore, if

www lottery There are generally no California state taxes for Lottery prizes, but we are Please remember to notify the Lottery's Tax Unit or Prize Payments Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,