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Tax Information

Tax Information

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Taxes are deferred until payouts are received Winners choosing annuity payments often hedge their bets that tax rates will be lower in the future Investment

About 30 percent of lottery revenue goes to education Even if the NC Education lottery gave 100 percent of its revenue to schools, that would only cover about In North Carolina, lottery winnings are subject to a % tax rate Whether it's a significant jackpot or a smaller prize, individuals who win the lottery in

pa lottery tax calculator “The top IRS federal tax bracket is 37% That means that the IRS will automatically withhold 24% but when it comes to April 15 of the following The NCEL requires a player's social security or tax identification number for tax withholding and reporting purposes, pursuant to 42 USC405, 26 USC

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