Powerball Jackpot Winner Will Get a Hefty Tax Bill

do you have to pay tax if you win the lottery
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So if a person is a resident of India, the amount of lottery, winnings shall be taxed under Income From Other Sources in India even if it

Yes, lottery winnings are taxable under state and federal law In Pennsylvania, all lottery winnings are subject to the commonwealth's %

double triple chance slot You must pay federal income tax if you win You'll fall into the highest tax bracket in the year you win if you take the jackpot in a lump sum

download 777 slot machine game Lottery winnings are considered ordinary taxable income by the IRS Even if an installment winner sells the future income stream to another