Lottery Tax Rates Vary Greatly By State

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Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin The same tax liability is at hand if you win the Michigan Lottery or

Texas - no state taxes for lottery prizes; Vermont - %; Virginia - %; Washington - no state taxes for lottery prizes; Washington, DC - Mega Millions after taxes The 2024 federal tax brackets place the Mega Millions jackpot winnings at a 37% tax rate, whether the winner opts for the lump sum

live dear lottery result today 1pm 8% or more state tax is due The state tax varies as per where you live At the end, the player pays above 45% tax and the remaining becomes his Estimate your federal refund or calculate your potential tax bill Enter your income, filing status, age, and common deductions and adjustments to learn