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These are the best, worst states to win the lottery in

These are the best, worst states to win the lottery in

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Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the Powerball winner does select

How much are lottery winnings taxed ? Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on How much are lottery winnings taxed ? Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on

fc2-ppv-3108001 Lottery winnings are considered ordinary taxable income by the IRS Even if an installment winner sells the future income stream to another Gambling winnings, including winnings from the Minnesota State Lottery and other lotteries, are subject to federal and Minnesota income taxes

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