5 Tips for Avoiding Taxes on Lottery Winnings

While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding

If you're a California resident and purchase your ticket there, you pay the 37% federal tax rate But you're in luck because California doesn't

texas holdem live poker Winners of a Texas Lottery® game are not required to pay in order to claim winnings All taxes or other obligations owed are subtracted from the prize amount

texas holdem poker combinations Tax Code, in regard to the lottery The Texas Veterans Commission may make recommendations to the Texas Lottery Commission relating to the marketing and