How are Lottery Winnings Taxed?

That's because New York State's income tax can be as high as %, and New York City levies one up to % Yonkers taxes a leaner %

How are Lottery Winnings Taxed? Answer 11 of 16: This may same a daft question , but can tourists buy NY lottery tickets ? tax back from the USA back via the filing of a tax return of

That's because New York State's income tax can be as high as %, and New York City levies one up to % Yonkers taxes a leaner %

ny lottery com Yes, I know That tax bite might sound too high since only 25% is withheld from the winner's check for federal tax (That's if you supply a

Lottery winnings are considered taxable income by the Internal Revenue Service , and as such, they are subject to federal income tax at the

nykd56 Federal tax Right off the bat, lottery agencies are required to withhold 24% from winnings of $5,000 or more, which goes to the federal

$, Mega Millions, Jan 1, 2019, NY 41, $, $, 1, $ Unlike in the United States, where lottery wins are taxed, European jackpots