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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 ... Prize money = taxable income: Lottery winnings are taxed like income, and the IRS taxes the top income bracket 39.6%. The government will ...

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

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

Jan 14, 2016 ... The lottery only withholds 25% of Powerball jackpot winnings, but when state and federal taxes are added in, winners pay much, much more.

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 ... Should a resident of one of those nine states that don't tax lottery winnings be the sole jackpot winner and opt for the lump sum, he or she will ...

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 federal government wants to take a bite of that big Powerball payout.

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 ...

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

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

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 ...

Taxation of lottery winnings - Dawn Hospelhorn - Accounting ...

www.dawnhospelhorn.com/taxtips/lottowinnings.htm

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 ...

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 jackpot, you're going to have to pay a really big tax bill. While the ...

What is the tax rate for lottery winnings? | HowStuffWorks

money.howstuffworks.com/personal-finance/personal-income-taxes/tax-rate-for-lottery-winnings.htm

Winning the lottery comes with new pleasures as well as new taxes. Learn all about the tax rate for lottery winnings at HowStuffWorks.