Top 5 Best States to Win the Lottery
Top 5 Best States to Win the Lottery
states that don't tax lottery winnings
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If your lottery winnings exceed $5,000, the prize payor can withhold up to 15% for state taxes If you live in a state with no income tax (
Winnings are subject to federal and state income taxes Most tangible prizes like cars and homes are taxed at their fair market value Lottery winnings are
states with lottery From single ticket Oregon lottery winnings greater than $600 Part-year You don't have to attach these forms to your federal or state return, so
states without lottery Washington doesn't impose a personal income tax and so it won't tax lottery winnings, including your Mega Millions prize, at the state level