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Taxes and Tax Preparation
Income Taxes

How much US tax on euromillions lottery win?

Answer

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November 06, 2007 2:40PM

It is income here, to be paid at whatever your particularl rate (by other income, deductions, exemptions, State tax, etc.) may be. If you have to pay a tax to a foreign country, you will get some or all credit for that toward tax due here.