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Tax Implications of Winning the Lottery in Florida • Lottery Taxes Florida • Find out if you Forbes highlighted that since gambling winnings necessitate obligatory federal withholding taxes, the lump sum payment is subject to a

wb dear lottery result Lottery winnings in Florida are subject to both federal and state taxes The federal state taxes lottery awards at a flat rate of 24%, California is one of just eight states that do not tax lottery winnings The others are Florida, New Hampshire, South Dakota, Tennessee, Texas,