See:
http://taxes.state.mn.us/individ/pages/filing_your_taxes_taxable_income_taxation_gambling.aspx
Illinois has a five percent state tax. If someone were to win 34 million then 1.7 million will be taken out from the Illinois state tax.
You must be 18 to purchase lottery tickets. That is currently the only legalized gambling in the state.
In Minnesota, you cannot legally move out of your parents house until you are 18. The exception would be if the parents gave consent.
No, it is not a state where you can move out at 17. There are no states that allow that.
In Minnesota it is required by law to have renter's insurance. This is due to the fact that if your home is ever damaged then you must have the insurance in order to cover the damage to the owner.
do I have to pay State and Federal taxes on Md. lottery winnings
California does not tax have a state income tax on lottery winnings. The federal withholding rate amount is 25 % to be withheld from the winnings amount.
Washington State does not have a personal income tax, so you will not pay any state income tax. You will still pay Federal income tax on lottery winnings, though.
Yes you will have to pay state taxes to North Carolina after adding your lottery winnings to all of your other gross income on the state income tax return.
nearly fifty percent it is around forty-something percent
can a convicted felon claim a mega million or powerball lottery winnings in georgia
Pennsylvania, with twelve.
There are no state or local taxes on lottery winnings in Pennsylvania. There is however a federal tax of 25 percent of the winnings for any prizes that are over $5,000.
The State will not take your brother's lottery winnings, or the personal property he gives you from those winnings.
The State will not take your brother's lottery winnings, or the personal property he gives you from those winnings.
in michigan you have to pay city state and federal taxes it is taken out of your paymentif you dont have city taxes taken out of your check you must report it to the city if there is a city tax
Yes, California does collect tax from California Residents who win lotteries from other states. See Page 4, Line 21 of this State of California Franchise Tax Board document: http://www.ftb.ca.gov/forms/2010/10_540cains.pdf Quote: "California excludes California lottery winnings from taxable income." However, "Make no adjustment for lottery winnings from other states. They are taxable by California." Federal taxes will be collected on most lottery winnings as well.