What Is the Tax Rate for Lottery Winnings? - Money

The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 claimed after July 12, 2016 Winners of over $600

How to Claim and Report PA Gambling Winnings for Taxes · More than $5,000 from poker tournaments · $600 or more

how much do you actually get from the lottery When you win more than $5,000, the lottery automatically withholds 24% in federal tax and 5% for state tax How Are Group Lottery Wins Taxed in

how to buy online lottery in india In fact, most states automatically withhold taxes on lottery winnings over $5,000 However, withholding rates vary