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What happens to the winnings of a deceased Massachusetts lottery winner?

In some states the money will go the estate of the deceased winner.


What is the taxes on the Florida lottery?

In Florida, lottery winnings are subject to a 24% federal withholding tax for U.S. citizens and resident aliens for prizes above $5,000. Additionally, there may be state taxes on lottery winnings depending on the amount won and the winner's personal tax situation.


What is the tax on 150 million lottery winner?

In the UK there is no tax on lottery winnings, if you win £750.00 you get to spend all of it.


A lottery winner gave his daughter half of his winnings and his brother half as much as he had given his daughter he kept 50 How much did he win?

125


Mike Powell in Canada lottery corporation?

I git a bogus lottery winner email from the Ontario Lottery Corporation stating Mike Powell as the contact person to claim my winnings. If anyone received this please post it here and maybe we can catch this scammer.


What are a widow's rights over a New York State Lottery winner's remaining payments?

If all of the deceased assets are left to the widow, she retains the rights to the winnings.


Who is the lottery winner in the lottery story?

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What are the taxes on 100000.00 Iowa lottery?

Winning a $100,000 Iowa lottery prize is subject to both federal and state taxes. At the federal level, lottery winnings are taxed as ordinary income, which could mean a tax rate of up to 24% for this amount. In Iowa, state income tax on lottery winnings is approximately 5% to 8.53%, depending on your total income. Therefore, the combined tax liability could result in around 30% or more being deducted from the winnings, leaving the winner with approximately $70,000 to $75,000 after taxes.


Do you win anything with 1 number and 2 lucky stars?

If it's the Euro Lottery then 1 number and 2 lucky stars is a winner - but your winnings will only be about £5.


When was Jack Whittaker - lottery winner - born?

Jack Whittaker - lottery winner - was born in 1947.


When was Michael Carroll - lottery winner - born?

Michael Carroll - lottery winner - was born in 1983.


What happens to a lottery winner's payments if he dies before the total is paid?

For the Mega Millions lottery the winner's money is paid to his/her estate.