does lottery winnings affect social security_
46 Lottery and Gambling Winnings - DSS Manuals -
does lottery winnings affect social security_
does lottery winnings affect social security_
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does lottery winnings affect social security_ Good news: Lottery winnings aren't subject to the Social Security earnings test, so your jackpot won't reduce your benefits But like other high Lottery winnings are taxed as ordinary income by the Internal Revenue Service and most states Large winnings will thus be taxed at the highest income tax You may use your gambling losses to offset gambling winnings from the same year as long as they do not exceed your total winnings If your