Do you need to pay tax on lottery winnings?

lottery winners paid millions in taxes, but the specifics might astonish you This video

A Lottery prizes subject to taxation Any lottery prize of $600 or more shall be subject to Virginia income tax To the extent included in federal adjusted

what time do they stop selling powerball lottery tickets How much of a prize is taken out for taxes? The winnings are subject to federal income tax withholding The tax withholding

what is a poker face Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are classified as tax-free