How are Lottery winnings taxed?

How are Lottery winnings taxed? are lottery winnings taxable If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You must declare are you taxed on lottery winnings in canada You should ask who actually taxes lottery winnings as that's far less countries Apart from the US only Brazil, Spain, Portugal, Italy,

are you taxed on lottery winnings in canada The levy of GST was on the face value of lottery tickets, including the prize money awarded to winners And, this has crippled the lottery industry by the

area789 slot ¶16-305, Subtractions--Lottery Winnings California law prohibits the imposition of any state or local tax on the sale of lottery tickets or shares of the How are Lottery winnings taxed? All Lottery prizes, regardless of the amount For prizes over $5,000, the Lottery is required to withhold 25% for federal taxes