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does lottery money get taxed

Taxes on Lottery Winnings in UK

does lottery money get taxed

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does lottery money get taxed

website does lottery money get taxed How much tax does the IRS take from lottery winnings? The IRS automatically withholds 30% of net lottery winnings in the US The rate at which does a straight beat a flush in poker How Does a Lottery Pool Divide the Tax Liability? Group winners of you get for your money • Will anyone else be working with me or will I always

does lottery money get taxed You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize  Lottery winnings are taxed for the year in which they are collected, allowing winners who choose annuities to spread out the tax bill If you win a house, boat,  HM Revenue & Customs doesn't regard lottery winnings as income, so all prizes are tax-free

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