Tallying Up the Taxes on Lottery Winnings - TurboTax

The Connecticut Lottery Corporation will withhold Connecticut income tax at the rate of % from all payments of reportable Connecticut lottery winnings made

Lottery winnings are considered ordinary taxable income for both federal and state tax purposes That means your winnings are taxed the same as your wages or

how to find a winning slot machine As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games show, etc will attract tax at the rate of 30%

how a poker faced girl really feels When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal