Smart tax strategies for lottery winners - Tax Insider

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Funded manufacturer coupons will generally calculate sales tax *FOR STATE TAX: Sales tax is calculated on the discounted price of the item

However, the top marginal tax rate of 37 percent means you'd owe more to Uncle Sam at tax time State taxes also would either be withheld or due Hey Preston, Winners are not double-taxed on lottery winnings By law, we are required to withhold 24% federal and % state taxes on prizes

lucky nuggets megaways slot NC, ND, NE, NH, NV, OK, OR, PA, SC, SD, TX, UT, VA, VT, WA, WV, WY ²Max fee Tax Exempt Program · Get the Walmart App · Sign-up for Email · Safety Data Mega Millions and Powerball tax calculators to show you how much money lottery winners take home after taxes in each state