If you win $1,000 in lottery, how much money do you get

Lottery winnings are considered taxable income Besides the upfront withholding, your total federal tax rate could be higher—up to 37% If you

Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a

how to manifest a lottery win The IRS automatically withholds 30% of net lottery winnings in the US The rate at which the net winnings are ultimately taxed though depends on

how does keno lottery work If a sole winner of Saturday's prize is taxed up to 37% and lives in a state where the only taxes required are federal, they will take home an