State of NJ - Division of Taxation

how much taxes do they take out of lottery winnings   Dan how to play poker texas hold''em

Then there are the taxes The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $575,016,000

While lottery winnings aren't taxable, you may be subject to taxes once you've deposited the funds or if you give any winnings as a gift Let's accept your payout, a large chunk of it is withheld for taxes Though some states do not have a state lottery tax withholding, they all must

mdbk-269 Unlike the state of Florida, Oregon does withhold 8% from lottery prizes that are above $1,500, according to the Oregon Lottery Non-video The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn