Illinois betting handle exceeds $ again in May
Illinois betting handle exceeds $ again in May
illinois lottery tax
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However, for the following sources listed below, gambling winnings over $5,000 will be subject to income tax withholding: Any sweepstakes, lottery, or
The ticket was purchased in Illinois, and Illinois has a % state income tax, so that lops off another about $37 million in tax In rough numbers, assuming
illinois lottery tonight Mega Millions jackpot won in Illinois two years ago Meanwhile Every state is required to withhold 25% in a federal lottery tax
illinois pick 4 evening lottery However, for the following sources listed below, gambling winnings over $5,000 will be subject to income tax withholding: Any sweepstakes, lottery, or