Delaware Lottery

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With a top income tax rate of % on lottery prizes, this rather small state is big on securing its share of your winnings The % rate only applies when

Taxes due, both state and Federal, will be deducted up front except in California and Delaware where lottery winnings aren't taxed by the state  You pay 1% tax instead of the % Delaware on income Then everything you do in that business is a write off Take the family to Bora Bora for

davk-079 State taxes on lottery winnings vary significantly While some states like California, Delaware, and Florida do not tax lottery winnings at Before you submit the paperwork for your lump sum or annuity, you need to consider the tax implications carefully Cash winnings will be taxed