These are the best, worst states to win the lottery in

taxes on 1 million lottery
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Lottery winnings are taxed, with the IRS taking taxes of up to 37% Curiously, though, only 24% is withheld and sent directly to the IRS

The price of one ticket is EUR 5 Because a total of 1,000 tickets are sold, the realised sales price of all tickets is EUR 5,000 Lottery tax

taxes lottery If you live in one of ten states that don't tax lottery winnings, you're probably off the hook for state income taxes They include: Alaska,

taxes on lottery winnings in florida You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize