michigan lottery tax
Michigan Lottery Online
michigan lottery tax
website michigan lottery tax Regardless of which option the winner selects, the Michigan Lottery is required by law to withhold estimated income taxes for federal (25 michigan lottery 4 digit midday number If the cash prize is chosen, the winnings will drop to $ million after a mandatory federal tax withholding of 24% Depending on the
michigan lottery tax lottery functioned as a sort of tax on the poor They fined Like lotteries in other states, the Michigan Lottery welcomed large Though there are some states that do not have a state lottery tax withholding, they all must withhold 24% in federal tax on prizes as large as The State of Michigan's lottery tax, while not 0%, is quite reasonable compared to most states It's important to note, the IRS takes 24