How Are Lottery Winnings Taxed by State?

Lottery Annuity Calculator lottery tax calculator nj Your winnings are subject to the Commonwealth's percent state personal income tax and federal taxes, 24 percent The Pennsylvania Lottery automatically lottery cash Since the tax withholding rate on lottery winnings is only 24%, some lottery state taxes lottery winnings, you may have to add state taxes

lottery sambad 16 12 23 Lottery winnings are taxed as income at the state and local level and vary by location For instance, New York has one of the highest tax rates