does the lottery get taxed
Winning the Lottery: Dream or Nightmare?
does the lottery get taxed
does the lottery get taxed
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does the lottery get taxed Do lottery winnings get taxed every year? To be clear, any large Oregon Lottery prize claim counts as taxable income This can depend upon whether a winner Since the tax withholding rate on lottery winnings is only 24%, some lottery winners do not plan ahead, and can have trouble paying their taxes However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the