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how to calculate taxes on $5000 lottery winnings

Here's what the $1 billion Powerball winner could owe in taxes

how to calculate taxes on $5000 lottery winnings

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how to calculate taxes on $5000 lottery winnings

how to calculate taxes on $5000 lottery winnings
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how to calculate taxes on $5000 lottery winnings The IRS takes 24% of winnings for any award of $5,000 or more, but you could also owe more taxes to the federal government if the amount of  Please consult a professional tax adviser to help you determine your This form reports the amount of your Lottery winnings and must be filed with your federal  In addition, the Lottery is required to report to the IRS gambling winnings that are $600 or more, and

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