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New Jersey Lottery Questions and Answers - what percentage of lottery winnings go to taxes 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 what was the lottery number for last night Section 194B of the Income Tax Act governs lottery winnings taxation in India This rate does not change according to the amount won or the

what was the pick 4 lottery Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37%