Local Ohio resident wins $80000 a year for 25 years on Ohio Lottery

ohio lottery tax   Dan ohio lottery tax calculator

The Ohio Lottery is required by law to withhold 24% federal and 4% state tax on any prize of $600 or more, according to Marie Kilbane Seckers of

Tonda Lynn and her relatives found this out when the IRS, backed up by the Tax Court ruled that there had been no binding contract to share the For lottery tax purposes, it doesn't matter which state you live in State taxes are based on where the lottery ticket was purchased, not where

nc lottery homepage Of states that do withhold tax winnings, North Dakota is the lowest at % Pennsylvania , Indiana , and Ohio also have low rates of The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that