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what are federal taxes on lottery winnings

what are federal taxes on lottery winnings

Lottery Winnings FAQs what are federal taxes on lottery winnings So, for instance, if you make $42,000 annually and file as single, your federal tax rate is 22% If you win $1,000, your total income is $43,000, and your tax what is freezeout poker Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

what beats a straight flush in poker Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

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