Florida woman wins $1 million lottery prize while visiting Cape Cod

does florida tax lottery winnings
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California: Does not tax lottery winnings at the state level Federal taxes still apply New Hampshire and Tennessee: Don't have general income tax, but they do

The good news for this winner — besides winning the lottery in the first place — is that Florida doesn't tax lottery winnings Most states do  What do you know about taxes on lottery winnings? There are a couple of things to consider here With a lump sum payment, you may pass less in

lava game slot 789 Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no The top federal tax rate is 37% for income over $500,000 The first thing that happens when you turn in that winning ticket is that the federal