Minnesota lottery a regressive tax on the working class, state data

Minnesota lottery a regressive tax on the working class, state data nc lottery tax But under state law, you owe taxes on anything you win, no matter how much you may lose Let's say I bet $20 even money on NC State nc lottery “The top IRS federal tax bracket is 37% That means that the IRS will automatically withhold 24% but when it comes to April 15 of the following

nc lottery Still, you'll probably owe more when taxes are due since the top federal tax rate is 37% So a good first step a lottery winner could take is to

nc lottery cash five Lottery prizes in North Carolina are taxed at a rate of % on the state level Jackpots over $5,000 are taxed at 24% by the federal How do I calculate lottery lump sum after taxes? · Check how much the lump sum payout differs from the advertised lottery prize