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what percentage of lottery winnings go to taxes

What's the Tax on Lottery Winnings?

what percentage of lottery winnings go to taxes

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what percentage of lottery winnings go to taxes

what percentage of lottery winnings go to taxes
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what percentage of lottery winnings go to taxes Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no  Such taxes and fees are considered a cash prize and are subject to Pennsylvania personal income tax as applicable even if the noncash prize may be excluded from  All lottery winnings are subject to Federal taxation (automatically reported ^ Lotto price hike will cut percentage per ticket going to charity

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