I Won the Lottery! How Bad Are Taxes Going to Be?

Connecticut Income Tax Treatment of State Lottery Winnings - how much taxes are deducted from lottery winnings The payer will deduct 24% from your winnings on the spot if you win above a certain amount · You'll report your winnings and your tax payments when you file how much is the lottery jackpot You do not pay any tax on winning lottery in UK, however you have to pay Income tax on the interest you gain when you keep the amount in bank

how to play india lottery online Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,