Publication 140-W - FAQS: New York State Lottery Winners -

Federal tax Right off the bat, lottery agencies are required to withhold 24% from winnings of $5,000 or more, which goes to the federal

Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home

federal tax lottery winnings If no social security number is provided the Lottery withholds 34 percent from your prize winnings Will I owe more taxes?

federal tax on lottery Lottery winnings are treated as income In the US, income is taxed at the federal level, the state level and the county level