Do you need to pay tax on lottery winnings?

Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a

The lottery prize payment is gambling winnings taxed as ordinary income • get information and manage your taxes online • check for new online

does 711 sell lottery tickets As a general rule, if you live in one state and win a lottery in another, you are first taxed by the state where you bought the lottery ticket

does 3 of a kind beat a straight in poker If you are a nonresident, Wisconsin Lottery winnings are taxable to Wisconsin • The Wisconsin Lottery is required to withhold Wisconsin