Taxes on Lottery Winnings by State 2024

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The IRS additionally imposes a 25% federal withholding rate from lottery winnings Federal Taxes on Lottery Winnings FICA taxes—Social Security

The tax information provided here is based on 2024 federal marginal rates and state tax rates We show both the initial mandated federal withholding of 24% as Ohio lottery winnings;; Ohio casino gaming winnings Additional Resources What's New for Tax Year 2023 Due Dates Interest Rates Tax Rates

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