Indiana resident claims $44M in historic lottery win
The first $1,200 of prize money received from a winning lottery ticket is exempt from the adjusted gross income tax Indiana Net Operating Loss Deduction, A
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The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket
indiana lottery anonymous Lottery winnings are considered taxable income for both federal and state tax purposes and must be reported as such Lottery winnings are taxed
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