I Won the Lottery! How Bad Are Taxes Going to Be?

do you get taxed if you win the lottery
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While there is little you can do to avoid this income tax, there are steps you can take to minimize the tax burden Light: Like what? Bell:

If you are a nonresident, Wisconsin Lottery winnings are taxable to Wisconsin If you have questions about claiming Lottery prizes, you may: • The Internal Revenue Service imposes a federal tax rate of 24%, and California's state income tax, with rates ranging from 1% to %,

irish daily million lottery Win $500,000 or more for a single person The winning amount is tagged with 24% of federal taxes followed by 37 % marginal tax rate After you finish draining your winning amount to