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A: For residents and resident aliens, percent in federal and state withholding taxes is deducted for every Lottery prize over $5,000 Current federal tax
Minnesota Tax Guide: What You'll Pay in 2024 mn lottery tax calculator
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Lottery winners in Minnesota face a tax rate of % on their winnings Lottery Tax Rate Missouri See
mn lottery shillong The IRS additionally imposes a 25% federal withholding rate from lottery winnings Federal Taxes on Lottery Winnings FICA taxes—Social Security
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