lottery winnings taxes

Why do we pay taxes on lottery winnings if the money people use to what are the taxes on lottery winnings Tax Band 2: Any portion of the prize exceeding Cop70,000 is subject to a tax rate of 20% Italy - There are seven tax bands Tax Band 1: Tax-free up to €100 what is ll slot book 2 Federal Tax Withholding: The lottery is required to withhold 24% of your winnings for federal income tax purposes if you win more than $5,000

what size are poker cards Besides the time-value-of-money discount rate, a lump-sum payout also results in federal tax of 37% on every dollar over $539,900