Powerball and taxes: What you have to pay if you win the $935 million

do you have to pay tax if you win the lottery
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The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes

But you can tell it's a scam because of what they do next: they ask you to pay money or give them your account information to get the prize If you pay, you'll

dogs playing poker smoking cigars At present, lotteries run by state governments attract 12% GST while those authorised by them and sold outside the state are taxed at 28% The Lotteries (

does draftkings have poker While winning the lottery is always exciting, it's essential to know that any US federal and state income taxes will still apply If you win the lottery and are