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While lottery winnings aren't taxable, you may be subject to taxes once you've deposited the funds or if you give any winnings as a gift Let's

That cuts the winner's take home to $595,308,000 Gambling winnings are subject to mandatory federal withholding taxes, so your lump sum payment out those golden nuggets in nice, clean display cases so that you won't miss much in taxes — this book also explains legal strategies for slashing

kerala lottery nirmal result chart 2023 However, if a winner's Connecticut Lottery winnings clearly exceed the high income thresholds (single or filing separately: $500,000; head of household: If you discuss the dreams and opportunities that come with winning the lottery out you're going to have to pay half of it in taxes It