State of NJ - Division of Taxation
State of NJ - Division of Taxation
how much are taxes on lottery winnings
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Details on when and how much the winner pays differ by state Then there are 13 states that don't tax a person's lottery winnings, according to
As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount
how to check your lottery ticket At the highest tax band, winnings may be taxed by as much as 38% However, there are strategies you can implement to buffer your winnings from
how to play video slot machines According to federal and state laws, if you provide a social security number the Lottery withholds 28 percent from your prize winnings (24 percent federal; 4