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why are lottery winnings taxed

why are lottery winnings taxed

Gambling and Lottery Winnings why are lottery winnings taxed
➡️【Mk.com】✅Play your favorite✅ casino games directly on your computer or mobile phone for fun and to win money. Double your deposit now with a 100% casino bonus! ✅  How Taxes on Lottery Winnings Work · 10% on the first $9,700 you earn · 12% on the next $29,775 · 22% on the next $44,725 · 24% on the next why did margie hate slot most Summary Lottery winnings are tax-free at the point of receiving them You could pay savings tax on interest earned or your estate could be subject to

why is 2 7 the worst poker hand In fact, lottery winnings are taxed, with the IRS taking up to 37% Curiously, though, only 24% is withheld and sent directly to the

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