if you win lottery do you pay tax
If I won a lottery of 20 crore, how much will I get after tax deduction
if you win lottery do you pay tax
if you win lottery do you pay tax
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if you win lottery do you pay tax Lottery winnings are considered ordinary taxable income by the IRS Even if an installment winner sells the future income stream to another When you come into surprise money, you have to pay taxes on prize money Learn more with the tax experts at H&R Block In the United States, the taxation of lottery winnings varies from state to state While some states impose taxes on lottery winnings, others do not