Tax on Lottery Winnings by State 2023

website illinois lottery tax calculator The initial state withholding taxes are based on published guidance from each state lottery and the final state tax rates are from state government publications illinois lottery evening numbers There isn't a 66% tax on lottery winnings It's 37% plus the state tax rate But you lose half the jackpot if you take the lump sum Reply

illinois lottery tax calculator There isn't a 66% tax on lottery winnings It's 37% plus the state tax rate But you lose half the jackpot if you take the lump sum Reply  gambling or lottery winnings in Illinois paid to an Illinois resident; Amount withheld For the current income tax rate, see Income Tax Rates For more  Withholding Rate from Gambling Winnings New Jersey Income Tax is withheld at an amount equal to three percent of the payout for both New

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