Why do we pay taxes on lottery winnings if the money people use to

Federal taxes are the same for everyone Winnings are taxed 24% upfront, although the total tax bill will almost certainly be 37% when you

There are federal and state US taxes payable on larger US lottery winnings The federal tax rate that is paid as a non-resident winner is 30% on payouts above

how to play ny lottery online The surcharge is 15 percent of the tax amount that you were already paying The surcharge is mainly for when you earn more money off of a

how to win the lottery in california Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,