How much taxes will be due on a US lottery winner after deductions

Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The

We do not tax California Lottery or Mega millions Report your full amount of gambling winnings on Individual Income Tax Return (IRS Form

what are the 6 most common winning lottery numbers uk_ The winnings are subject to federal income tax withholding The tax withholding rate is 24% for lottery winnings, less the

what type of slot machines pay the best Before the winner receives any of the money, however, the IRS automatically takes 24% of the winnings The rest of the winnings are expected to be paid by the