Taxes on Lottery Winnings by State 2024

10 million lottery after taxes
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Wisconsin income tax withholding from a lottery prize is required if the prize is $2,000 or more The Wisconsin withholding rate for individuals

How Much Are Lottery Winnings Taxed? · 24% withheld from $930 million = $232,200,000 · Additional amount you need to pay with a 37% tax rate: $111,900,000 · Total

1000 slot Sorry, Massachusetts: You can't dodge the 'tax shark' on lottery winnings, after all million-dollar threshold will be taxed at 9%, which

101023 lottery result If your lottery winnings exceed $5,000, they're subject to a 24% federal withholding tax This means taxes are taken directly out of your winnings and you may