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How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22

The Lottery Department shall withhold Virginia income tax at the rate of % on the proceeds from any lottery prize in excess of $5,000 The tax shall be Unlike the state of Florida, Oregon does withhold 8% from lottery prizes that are above $1,500, according to the Oregon Lottery Non-video

www lottery new york Federal lottery taxes are determined by the income bracket the winnings fall into Currently the two highest income brackets are taxed at 37% Have you ever wondered… how does India tax lottery winnings? You will be surprised to know that there is a 3% tax paid to improve education