Directive 86-24: Lottery Winnings; Lottery Tickets -

State tax rates on lottery winnings vary If you live in Georgia, your state tax rate for lottery winnings is % That means you get

However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the

how to pronounce slot US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government

how to play 7 card stud poker Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax