What Percentage of Lottery Winnings Would be Withheld in Your

What Percentage of Lottery Winnings Would be Withheld in Your lottery winnings after taxes
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lottery sambad 21223 Q: Are lottery prizes subject to taxation? A: Effective August 13th 2018, lottery winnings are subject to taxation ; Q: What is the rate of tax? A: Ten percent If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% Income tax is withheld at a flat 24% rate from