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calculating their net winnings Whether it's a significant jackpot or a smaller prize, individuals who win the lottery in North Carolina need to account for

The pace of North Carolina sports betting is beginning to slow down, based on June 2024 numbers from the North Carolina State Lottery Commission For prizes over $5,000, 24% will go towards withholding for federal income tax, and % is withheld for state lottery taxes in North Carolina

slot jackpot winners Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery Tax calculator · Tax prep checklist · Tax questions · Find my W calculating their net winnings Whether it's a significant jackpot or a smaller prize, individuals who win the lottery in North Carolina need to account for