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what is the tax percentage on lottery winnings

what is the tax percentage on lottery winnings

Title 35 Mississippi State Tax Commission what is the tax percentage on lottery winnings As previously mentioned, you have to pay federal income tax on lottery winnings Right off the bat, lottery winnings over $5,000 are subject to what''s the midday lottery number Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

what are the 5 most common lottery numbers_ The Wisconsin withholding rate for The federal requirements to file information returns and withhold federal income tax from gambling winnings

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