What Percentage of Lottery Winnings Would be Withheld in Your

Lottery Tax Rates Vary Greatly By State federal tax for lottery winnings The federal tax rate that is paid as a non-resident winner is 30% on payouts above USD $600 The state tax can vary slightly as they are set locally US taxes federal tax lottery winnings Regardless of which option the player takes, the IRS takes a minimum 24% federal withholding tax upfront on lottery winnings That's a big

federal taxes on lottery winnings Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,