Taxes on Lottery Winnings for US Expats & Nonresident Aliens

website are lottery tickets taxed All gambling winnings are taxable including, but not limited to, winnings from: Lotteries; Raffles; Horse races; Casinos are there any online poker sites for real money Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home

are lottery tickets taxed The winnings are subject to a flat tax rate of 30% without any deductions The tax is usually deducted at  The actual service of selling lottery tickets is exempt Accounting for tax on commission if you're a retailer If a retailer sells lottery tickets as an  The tax withholding rate is 24% for lottery winnings, less the wager, for prizes greater than $5,000 An example of the calculation used to determine whether a

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