The Best and Worst States to Pay Taxes on Lottery Winnings

The Best and Worst States to Pay Taxes on Lottery Winnings ny lottery tax calculator Withholding Rate from Gambling Winnings New Jersey Income Tax is withheld at an amount equal to three percent of the payout for both New nyc connect lottery The New York state tax rate for lottery winning sits at %, with New York City withholding % and Yonkers withholding % For more information on

nyc connect lottery The lottery will withhold state tax using the highest tax rates in effect, which is currently % The New York State Lottery is required to

nyc housing lottery application • Any multistate lottery in which New Jersey partici- pates Tax Rate Schedules on page 43 to find your tax If you use the tax (Includes: prizes and awards; gambling, lottery or raffle winnings; jury Deductible part of self-employment tax 6 Self-employed SEP, SIMPLE, and