how to not pay taxes on lottery winnings

do you pay taxes on lottery winnings every year   Dan docp137

Yes, lottery winnings are taxable under state and federal law In Pennsylvania, all lottery winnings are subject to the commonwealth's %

When you win the lottery, your winnings are considered ordinary taxable income Your prize money is taxed at the same rate as your wages and Yes Gamblinglottery winnings are subject to Michigan individual income tax to the extent that they are included in your adjusted gross income The Michigan

a片白虎 Do I have to pay taxes on my winnings? Yes All prize winnings are subject to federal and state income tax withholding State tax of % is automatically As mentioned, the annuity option means you'll receive a check every year with another, slightly larger portion of your lottery winnings While