Winner Of $ Billion Lottery Gets $ Million After Tax

ny lottery tax
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If you live in New York, get out your wallet, because that state taxes lottery winnings at %, plus additional state taxes at a % final

Gambling winnings have a 24% federal tax rate applied to them New York State tax rates vary from 4% to % depending on annual income The higher your

nyc housing lottery process What are the variations by state? Individual states have their own taxes on lottery winnings These vary from 0% at the lowest to % at the highest New York

ny lottery smart pick Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on lottery winnings, ranging from 0% to %