Lottery Trusts

nc lottery tax
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Taxes are deferred until payouts are received Winners choosing annuity payments often hedge their bets that tax rates will be lower in the future Investment

How do states tax Mega Millions lottery winnings? · Arizona: 5% · Arkansas: 7% · California: No state tax · Colorado: 4% · Connecticut: %

nc lottery home page Taxes are deferred until payouts are received Winners choosing annuity payments often hedge their bets that tax rates will be lower in the future Investment

nc lottery drawing But under state law, you owe taxes on anything you win, no matter how much you may lose Let's say I bet $20 even money on NC State