What is Tax on Kerala Lottery Prize Money?

Taxation: The Taxman Cometh: How Lottery Winnings are Taxed how much taxes taken out of lottery winnings US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government how much tax do you pay on lottery winnings in ny Before the state of California gives him any of his winnings, 24 percent—$ million—will be withheld and sent directly to the Internal Revenue Service

how to play slot game If the Powerball winner takes the lump sum, right away nearly a quarter of the prize is withheld for federal taxes And they're not off the hook