Publication 140-W - FAQS: New York State Lottery Winners -

how much tax is deducted from lottery winnings
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A: Ten percent Q: What is the Lottery Winnings Tax? A: It is a tax charged on all prize money

In the US, lottery winnings are considered taxable income, so winners a subjected to an up-front federal tax on their winnings And, depending

how to find out where a lottery ticket was bought The federal government withholds 24% of your winnings immediately You may owe additional federal taxes depending on your overall tax bracket Each state also

how ti play poker This 25 percent is withheld from your winnings, so you won't ever actually get this money It will go directly to the IRS instead Your tax