Publication 140-W - FAQS: New York State Lottery Winners -

how much is lottery winnings taxed
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Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

How much the winner could owe in taxes Before seeing a penny of the jackpot, the winner will pay a 24% mandatory upfront federal withholding

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how much is the california lottery Apply the Tax Rate: Lottery winnings are subject to a flat rate of 30% Calculate the basic tax liability by multiplying the total winnings by