I Won the Lottery! How Bad Are Taxes Going to Be?

Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

It's now time to claim your winnings First, sign the back of your ticket if purchased in retail Second, follow the appropriate claim

taxes on lottery winnings calculator taxes and any local taxes that might apply to lottery winnings Powerball tickets are $2 per play For an extra $1, players can buy the

taxes on 1 million dollars lottery winnings In total, 36 states impose taxes on lottery winnings The 36 states and their corresponding lottery tax rates are · New York Maryland (