New Jersey Lottery Questions and Answers -

taxes taking a big chunk of it: regular and consistent purchases of lottery tickets; a clear agreement to share winnings; common knowledge of the ticket

Who must pay Maryland income taxes on their winnings? Anyone who receives winnings from lottery games, racetrack betting or gambling must pay income tax

how much does a powerball lottery ticket cost As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount

how much does it cost to play the postcode lottery Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home