national lottery tax
How much tax has to be paid on lottery or game show prize money?
national lottery tax
national lottery tax
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national lottery tax All states except the following eleven, along with Puerto Rico and the Virgin Islands, do not tax national lottery winnings: Alaska, In all cases, based on current tax rules and rates, we have designed the game so that all top prize winners – regardless of their tax bracket What is taxed is sales revenue: a 5% lottery tax; an 8% allocation to charity or sponsorships In total, 13% of revenue