Taxes on Lottery Winnings for US Expats & Nonresident Aliens

how much taxes are taken from lottery winnings
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The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted from your winnings And for a large prize like the Mega

Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The

how much is euro lottery ticket Hit the jackpot? Learn how your lottery winnings are taxed Discover key strategies to manage your windfall and financial obligations

how much is a uk lottery ticket The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted from your winnings And for a large prize like the Mega