Why do we pay taxes on lottery winnings if the money people use to

Is it true that you pay tax on lottery wins are lottery winnings taxable
➡️【Mk.com】✅भारत में कैसीनो गेमिंग और मनोरंजन स्थल✅, आगामी स्लॉट मशीनों, टेबल गेम और खेल सट्टेबाजी के साथ नवीनतम और सर्वश्रेष्ठ कैसीनो। ✅  A Lottery prizes subject to taxation Any lottery prize of $600 or more shall be subject to Virginia income tax To the extent included in federal adjusted are poker bots profitable Even if an installment winner sells the future income stream to another party, the sales proceeds are considered ordinary income — not capital

are slot machines legal in california First, any prizes above $5,000 will be hit at least with a 24% federal tax, regardless of which state you are in The winner may owe additional