What Percentage of Taxes Needs To Pay On Winning Lottery | The Lottery Lab

Lottery winnings are treated as ordinary taxable income by both Federal and State tax authorities. Winnings are taxed at the same rate as wages or salaries. The IRS automatically deducts 24% of the winnings and your state can take as much as an additional 13% for the state taxes. For more details tap here >> https://bit.ly/3KU2R9W<br>

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What Percentage of Taxes Needs To Pay On Winning Lottery | The Lottery Lab

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