The Best and Worst States to Pay Taxes on Lottery Winnings
The Best and Worst States to Pay Taxes on Lottery Winnings
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Find out how much tax you would pay on your Powerball win using this online Powerball Tax Calculator Louisiana, Michigan, $5,000 %, Arizona, Undisclosed
State tax rates on lottery winnings vary If you live in Ohio, your state tax rate for lottery winnings is % So after federal and The IRS additionally imposes a 25% federal withholding rate from lottery winnings Federal Taxes on Lottery Winnings FICA taxes—Social Security
sqte-339 If you win more than $5,000, you have to pay a 24 percent federal withholding tax However, depending on your annual earnings and tax deductions, you may get Michigan Lottery Tax Calculator · Calculate Taxes New Virginia Lottery Tax Calculator · Calculate Taxes Select Your State Select