New york state lottery tax calculator - happy-energy

Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

Gambling winnings are fully taxable and you must report the income on your tax return Gambling income includes but isn't limited to winnings from lotteries,

lottery midday However, because the top federal marginal tax rate is 37% — which Note: As of July 29, 2022 Source: Powerball and Mega Millions CNBC

lottery sambad 131223 2022-23, FY 2022-21, FY 2020-21 Use for Tax Computation, IT or Example is interest income from bank deposits, winning from lottery