Tallying Up the Taxes on Lottery Winnings - TurboTax

Lottery Tax Rates Vary Greatly By State illinois lottery taxes calculator Lottery Calculator: What Do Your Taxes Look Like? Read For this example, the federal tax rate is 24% and Illinois's tax rate is % illinois lottery Lottery tax calculator The lottery calculator below will help you estimate the amount of tax that may be withheld on lump-sum lottery winnings

illinois lottery pick 3 pick 4 evening But before we dive into how much tax a big lottery jackpot winner will pay, here is some information about winning numbers Mega Millions numbers: Did anyone