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do you pay income tax on lottery winnings

do you pay income tax on lottery winnings

$ billion Mega Millions: How is the lottery taxed in CA? do you pay income tax on lottery winnings The prize is taxed if a person takes the annuity option − which is what the advertised jackpot figure represents − or the lump sum A 2018 USA double win slot Eight states, including California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming, do not levy income taxes on

docp164 You must complete Form IL-5754 if you receive payment of Illinois lottery This form is authorized under the Illinois Income Tax Act Disclosure of this

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