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The Intricacies of Lotto Payout Taxes: What You Need to Know | #lotto Program

The Intricacies of Lotto Payout Taxes: What You Need to Know

The Intricacies of Lotto Payout Taxes: What You Need to Know

In addition to federal taxes, state taxes can even take a big chunk out of winnings. Each state has its personal system, and some states even impose native taxes on lottery winnings.