Do I need to pay tax on my winnings?

how much does the government tax lottery winnings
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Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments

Whoever wins a Mega Millions jackpot will still take home a good chunk of change, but they can say goodbye to at least 24% of their winnings right away

how many starting hands in poker This means that even if the individual's income falls in the 20% slab rate, winnings from awards and prizes would still be taxed at @% The

how much do professional poker players make If you win the $935 million Powerball, just how much would you have to pay in taxes? A lot · Saturday's Powerball jackpot rose to an estimated