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Lottery Tax Planning for a Billion Dollar Drawing

Lottery Tax Planning for a Billion Dollar Drawing

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Introduction ; Illinois % Rhode Island % ; Indiana % South Carolina % ; Iowa % South Dakota No income tax

With an income tax rate of % on lottery prizes, this mountainous state South Carolina, South Dakota, Tennessee, Texas, Utah, Virgin Islands California has the highest income tax rate in the country, but it doesn't tax lottery winnings Florida, South Dakota, Texas, Washington,

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