These are the best, worst states to win the lottery in
These are the best, worst states to win the lottery in
The size of your prize indicates the tax rate your winnings will be subject to Lottery winnings up to $ are tax-free Anything above this amount is taxed
But under state law, you owe taxes on anything you win, no matter how much you may lose Let's say I bet $20 even money on NC State “The top IRS federal tax bracket is 37% That means that the IRS will automatically withhold 24% but when it comes to April 15 of the following
david lottery dream home net worth The size of your prize indicates the tax rate your winnings will be subject to Lottery winnings up to $ are tax-free Anything above this amount is taxed How do states tax Mega Millions lottery winnings? · Arizona: 5% · Arkansas: 7% · California: No state tax · Colorado: 4% · Connecticut: %