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What percentage of taxes are withheld from Tennessee lottery winnings?
Wiki User
∙ 12y ago
Taxed as any other ordinary income...meaning at your own personal rate consideing all deduction, exemptions, etc.
Wiki User
∙ 15y ago
Wiki User
∙ 12y ago69% - all
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How much taxes do you have to pay on your ca lottery winnings?
California does not tax have a state income tax on lottery winnings. The federal withholding rate amount is 25 % to be withheld from the winnings amount.
What is the taxes on the Florida lottery?
The taxes withheld from Florida lottery winnings is 25 percent as required by the IRS. This only applies to winnings over the amount of $5000.
How much taxes are paid on lottery winnings in Kansas?
Tax is withheld on all winnings in the Kansas lottery over 5,000 dollars. If less than that is won, the amount won should be claimed on tax forms.
Are lottery winnings taxable?
no
Can you bequeath lottery winnings by will in Ohio?
According to the information at the link below your heirs are entitled to any unpaid lottery winnings.
How do you claim losses on lottery winnings?
Since winnings are the opposite of losses, your question is very confusing. Perhaps your lottery winnings were stolen. If so, you can report the theft to the police.
Can a convicted felon or someone on full disability receive Ohio Lottery winnings?
Yes. Both are utterly irrelevant to lottery winnings.
Do your heirs get your annual lottery winnings?
yes
Can you sue your souse for lottery winnings?
Yes.
Do you have to add spouse on lottery winnings in Delaware?
no
What does the government do with the taxes from lottery winnings?
Taxes on lottery (or gambing, etc) winnings are the same as any other ordinary income in both amount and use.
CAn a convicted felon claim lottery winnings in the state of Arkansas?
can a convicted felon claim a mega million or powerball lottery winnings in georgia
