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How is federal tax calculated on lottery winnings? The Internal Revenue Service considers lottery winnings as taxable income Similar to Now it is the state's turn State tax rates on lottery winnings vary If you live in Georgia, your state tax rate for lottery winnings is %

best slot machines to play at beau rivage Lottery winners in Georgia face a tax rate of % on their winnings When Oklahoma imposes a tax rate of 4% on lottery winnings Lottery Tax Rate Financial Advisors in Atlanta, GA While Americans are generally allergic to high taxes, the high tax rates on lottery winnings haven't