Winner Of $ Billion Lottery Gets $ Million After Tax

website does illinois tax lottery winnings Where does the $400,000 go if it's not taxes???NC Play Smart™ term is a service mark of the Illinois Lottery licensed to the NCEL does speedway sell lottery tickets Those include an automatic withholding tax of 24% levied against the winnings, and another 13% in federal taxes when you file your 2024 return

does illinois tax lottery winnings Unlike in the United States, where lottery wins are taxed, European ^ Mega Millions winning lottery ticket for $560M jackpot sold in Illinois   If you're a California resident and purchase your ticket there, you pay the 37% federal tax rate But you're in luck because California doesn't  do to pay your Illinois Lottery Scratch Off taxes correctly You DO NOT want to take a chance on misreporting your lottery winnings, and

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