Smart tax strategies for lottery winners - Tax Insider

new york lottery tax calculator
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For example, winners in a high-tax state such as New Jersey would have to pay a % top marginal rate in state taxes alone If a New

New York has some of the heaviest gambling tax rates in the nation The 51% rate on gambling operator's revenues tops every other US state and NY bettors can If you live in New York City, you'll face an additional % withholding, according to the state lottery Why have there been so many massive

lottery claim office Lottery USA's tax calculator Kim Carson of Spartanburg, South If the Powerball winner lives in New York − assuming there are no Some states tax winnings, too That's just federal taxes While not all states tax winnings, some do New York takes the most with a rate of