How Taxes on Lottery Winnings Work

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lottery ticket calculator You can compute your net lottery winnings by subtracting federal , state , and applicable local taxes from the advertised prize amount 3 Do  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  Our Free Numerology Calculator will calculate your personal lucky numbers from your Name, your Birthdate and the date of the actual lottery draw More precisely

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