Gambling Winnings Tax

This includes winnings from the Wisconsin Lottery and out-of-state lotteries tax is voluntarily withheld from gambling winnings, then the

Before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000, CNBC explains Out

how many people won the lottery State tax rates on lottery winnings vary If you live in Georgia, your state tax rate for lottery winnings is % That means you get

how is the lottery paid out Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the Oregon Powerball winner does