Tax on winning lottery, puzzle, card game, horse race

what is the tax rate for lottery winnings   Dan what lottery is tonight in ohio

The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted from your winnings And for a large prize like the Mega

How do I calculate lottery lump sum after taxes? · Check how much the lump sum payout differs from the advertised lottery prize The basic tax rate throughout India for lottery winnings is 30 percent The rate is specific for the taxation of lottery winnings The tax

royal melbourne lottery The federal government withholds 24% of your winnings immediately You may owe additional federal taxes depending on your overall tax bracket Each state also Gambling and lottery winnings is a separate class of income under Pennsylvania personal income tax law tax rate in effect at the time the prize payment is