PART 396 LOTTERY PRIZE INTERCEPT FOR REPAYMENT OF

BILL NUMBER: S1807 SPONSOR: ADDABBO TITLE OF BILL: An act to amend the tax law, in relation to requiring the state to keep state lottery winners identities

Tax Rate: The federal tax rate on lottery winnings is progressive, meaning it increases as your winnings climb In 2024, the highest federal tax bracket sits at

nyc lottery number Some states have no income tax or don't tax lottery winnings, but others have top-income state tax brackets exceeding 10% Powerball isn't

ny lottery second chance Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,