How are lottery taxes divided between the government

Missouri State Tax Guide: What You'll Pay in 2024 missouri lottery tax calculator The Missouri Lottery is required to withhold 4% Missouri state tax on prizes of $ or more, along with 24% federal tax for prizes of more than $5,000 missouri lottery website Like instate sales tax transactions, the use tax rate imposed is the same rate Louis retailer cannot legally charge you Missouri sales tax because the racks

missouri lottery pick 4 Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no