Mega Lotto draws in USA lottery combine to $ with Aussies

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Most states charge a tax on lottery winnings The amount initially withheld and how the winnings get taxed depends on your state's tax rate

If you win the lottery, you'll likely be propelled into the highest federal tax bracket The state where you live and the place where you bought This lottery is intended for residents of South Australia, however Are home lottery tickets tax-deductible? No, tickets purchased are not tax

hanzo slot If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You must declare By form of gambling, taxation rates vary from 65 per cent on lottery cent of revenue in Western Australia from gambling is from lotteries As a