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What Percentage of Lottery Winnings Would Be ... - Tax Foundation

taxfoundation.org/blog/what-percentage-lottery-winnings-would-be-withheld-your-state

Jan 13, 2016 ... In fact, in most states (and at the federal level), taxes on lottery winnings over $5,000 are withheld automatically. However, withholding rates ...

You won the $1.5 billion Powerball! Here's your tax bill - Jan. 8, 2016

money.cnn.com/2016/01/08/pf/taxes/powerball-jackpot-tax-bill/

Jan 8, 2016 ... Anyone who wins the billion-dollar jackpot will have a massive tax bill. ... the highest lottery tax rate anywhere in the nation, since the city also ...

How Much Tax Will You Owe On A $1.5 Billion Powerball Jackpot ...

www.forbes.com/sites/janetnovack/2013/03/23/tax-on-320-million-powerball-jackpot-millions-more-than-in-2012/

Mar 23, 2013 ... 10 Steps To Take When You Win A Lottery Jackpot ... fiscal cliff tax deal raised the top federal individual income tax rate from 35% to 39.6% on ...

Powerball Jackpot: How Much Winners Pay in Taxes, by State | Money

time.com/money/4177517/powerball-jackpot-taxes/

Jan 12, 2016 ... The Powerball jackpot is at $1.5 billion and rising, easily ballooning to the biggest lottery prize of all time—which actually raises the value of a ...

How Much Tax You'll Pay on Your Lottery Winnings - Kiplinger

www.kiplinger.com/article/taxes/T055-C005-S003-how-much-tax-you-ll-pay-on-your-lottery-winnings.html

Jan 13, 2016 ... Tax Tips. How Much Tax You Will Pay on Your Lottery Winnings ... The top federal tax rate is 39.6% on 2016 income of more than $415,050 for ...

Powerball $415M jackpot has a big tax bite - CNBC.com

www.cnbc.com/2016/05/06/powerball-415m-jackpot-has-a-big-tax-bite.html

May 6, 2016 ... Lottery winnings are taxed as ordinary income. "If they win the jackpot, they're going to be subject to the highest federal tax rate of 39.6 percent ...

Tallying the big tax bite of a $1.5B Powerball win - CNBC.com

www.cnbc.com/2016/01/11/tallying-the-big-tax-bite-of-a-14b-powerball-win.html

Jan 12, 2016 ... Lottery winnings are taxed as ordinary income. ... be subject to the highest federal tax rate of 39.6 percent," said Melissa Labant, director of tax ...

How Much Federal Taxes Are Held From Lottery Winnings? | The ...

classroom.synonym.com/much-federal-taxes-held-lottery-winnings-20644.html

When you buy a lottery ticket, you're not the only one that hopes you win. If you hit a really big ... What you owe is based on your actual tax rate. The way the tax ...

Income Tax on Lump-Sum Lottery Winnings | Finance - Zacks

finance.zacks.com/income-tax-lumpsum-lottery-winnings-6120.html

Lump-sum lottery winnings are taxable as ordinary income in the year the prize is won. There is no reduced tax rate for lottery jackpots. As of 2012, the top ...

Taxes must be paid for winning prize money | H&R Block blog

blogs.hrblock.com/2016/01/11/taxes-if-you-win-1000/

Jan 11, 2016 ... Whether you win the lottery or the H&R Block 1000 win $1000 daily, you ... If you win $1,000, your total income is $43,000, and your tax rate is ...