What can New Hampshire lottery winner expect after taxes?

how much is tax on lottery winnings
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how much is tax on lottery winnings Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts,  All lottery winnings are taxable income If any Missouri or Kansas residents win the jackpot when the Mega Millions numbers are pulled, they  The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes

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