Smart tax strategies for lottery winners - Tax Insider

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The lottery tracking group estimated a final Oregon tax rate of % or $ million, reducing the prize to a final payout of $329,792,812

Lottery and Gambling Winnings · Withholding Rate from Gambling Winnings New Jersey Income Tax is withheld at an amount equal to three percent (3 If you live in Georgia, your state lottery tax is % After federal and state taxes you'd pocket $268,613,512 If you live in New York, get

hit more gold! slot Where an agent gets the prize money on an unsold ticket or becomes entitled to the unclaimed prize, it would then form a part of the business income and, A: It is a tax charged on all prize money in excess of $1,000, paid to a ticket holder Q: Will I be charged this tax if my prize is a house or car? A: The