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Do we have to pay taxes on winning money from a lottery? If

Do we have to pay taxes on winning money from a lottery? If

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illinois lottery taxes
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Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The

If you were an Illinois resident when the gambling winnings were earned, you must pay Illinois Income Tax on the gambling winnings However, you may include the Got a question about Illinois Lottery? Wondering about lottery rules? Do you have to pay taxes on winnings? Find your answer on our FAQs

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