Where Does Your Money Go When You Play the Lottery?
Where Does Your Money Go When You Play the Lottery?
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Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37%
How much do you bring home? That depends on complex state laws and how you decide to take your money If you win the lottery, you'll likely be One is just me talking you through how things will work but actually 'Winning the lottery gives you lots and lots of opportunity to do
filling slot How Do Taxes Work With Lottery Winnings? US lottery taxes differ from other countries because winnings are considered taxable income for both federal and Specifically, for this current Mega Millions number, the jackpot would only be $ billion if the winner chooses the annuity payment, which they'd receive in
