For tax purposes, lottery winnings count as regular individual income, just like wages, with the rate is based on the taxpayer's total earnings. A lottery jackpot will probably be ...
Mar 23, 2013 ... After the 2013 fiscal cliff tax deal, more of your winnings must be shared with
Uncle ... For 10 steps to take when you win the lottery, click here.
Dec 17, 2013 ... And that's if you live in one of the eight participating states (out of 43) that don't
tax lottery winnings. If a New York City resident wins the big one, ...
Nov 30, 2012 ... The winners of the biggest Powerball lottery in history aren't the only ... who has
the winning ticket will be charged a 5% tax on the prize money.
Europe was gripped with lottery
fever, as the jackpot in Italy's Superenalotto soared. Tourists from neighboring countries were visiting Italy for the sole purpose of buying tickets and dreaming about hitting a huge prize. Free Contests & Sweepstakes Newsletter! More »
A big lottery jackpot win is a time for celebration, but it's also a taxing time. States
offer winners a lump-sum payout option, which many winners choose instead of ...
When you buy a lottery ticket, you're not the only one that hopes you win. If you hit
a really big jackpot, you're going to have to pay a really big tax bill. While the ...
Sep 19, 2013 ... Advice for instant lottery millionaires -- get a lawyer.That's the new mantra in an
age when winners can become not just rich overnight, but ...
Taxation of lottery winnings. You should be aware that your lottery winnings are
taxable. This is the case for cash winnings and for the fair market value of any ...
Dreaming of winning mega bucks in the lottery? Bet paying the taxes aren't part
of that wonderful scenario. If you should ever be that one in a million who beats ...