Taxes on Lottery Winnings by State 2024

website ohio lottery tax $213 million: Mary Ann Thompson won the Ohio Mega Millions jackpot in March 2004 She opted for the cash sum, which was $107 million after taxes ohio lottery scratch off secrets Reminder that Tax Day is Monday, April 15!

ohio lottery tax The Ohio Lottery does not take out local income taxes that a winner might owe Some Ohio communities collect as little as 1% or as high as %  Ohio takes another %, or roughly $30 million off the lump sum payout Win the Powerball jackpot? Think twice before taking the cash   Then, you have to subtract federal and state income taxes The highest federal income tax rate is percent; the state rates will range from

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