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why are lottery winnings taxed

why are lottery winnings taxed

The IRS and Your Lottery Winnings why are lottery winnings taxed
➡️【Mk.com】✅Casino provides a rich selection of games✅ and a user-friendly interface, allowing players to enjoy their favorite casino games anytime, anywhere. ✅  Similar arrangements, some set up before a lottery win and some after, are commonly made to share lottery winnings while trying to avoid gift taxes However, why are slot machines addictive Is lottery & gambling income taxable? Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by

why did margie hate slot most No Your lottery winnings are classified as ordinary income, and will be taxed by both the federal and state agencies at the appropriate rate

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