NJ gambling taxes — Tax on casino and sports winnings

New Jersey Gross Income Tax will also be withheld State law requires the New Jersey Lottery to withhold State tax at the rate of five percent from any

NJ gambling taxes — Tax on casino and sports winnings Slots and video lottery terminals: $5 coin–in = 1 Tier Point ColoradoPennsylvaniaIllinoisNew JerseyWest VirginiaMarylandMichigan: 1-800-

New Jersey Gross Income Tax will also be withheld State law requires the New Jersey Lottery to withhold State tax at the rate of five percent from any

new jersey lottery please If you are a resident of New York City or Yonkers, the prize payment is also subject to city withholding at the city's highest effective rate of tax To

The lottery will withhold state tax using the highest tax rates in effect, which is currently % The New York State Lottery is required to

new york lottery post midday New Jersey, Oregon, Minnesota, and New York are among the worst states for taxes on lottery winnings California has the highest income tax rate

If you win more than $5,000, you have to pay a 24 percent federal withholding tax However, depending on your annual earnings and tax deductions, you may get