TEXAS LOTTERY COMMISSION

texas lottery after taxes
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Calculate how much tax you will need to pay if you win the lottery in Texas See the difference between cash option and annuity payouts

Texas is one of 10 states that does not tax lottery winnings at the state level The next drawing will be held on Saturday, Nov 5  Luckily, Texas is not one of the states that impose a state tax upon jackpot winnings, but there are still taxes that a winner must pay If the

tower quest slot free A sole winner in Texas who took the cash option would take home $392,768,000 after paying $124,032,000 in federal taxes From the Tx Lottery FAQ page: Texas Lottery tax withholding rate is after paying taxes and bills when winning millions of dollars in a lottery