Ohio Tax Guide: What You'll Pay in 2024

taxes on lottery winnings ohio
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Gambling winnings ; Lottery

However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the

taxes on 2 million dollars lottery winnings There is no age limit, per the Ohio Revised Code, for paying municipal taxes on otherwise taxable earned income Gambling and lottery winnings (no deduction

taxes on $1 million dollars lottery winnings Before getting your winnings, you'd have to pay a 24% federal tax withholding, which the IRS requires for winnings over $5,000, CNBC explains