Powerball Jackpot Winner Will Get a Hefty Tax Bill
Powerball Jackpot Winner Will Get a Hefty Tax Bill
Gambling taxes Some cities, counties, and towns in the state of Washington collect gambling taxes Learn more about local jurisdiction gambling tax rates
The Colorado tax rate for gambling winnings is set at % This is the flat rate for all income taxes in the state and the rate that you will A federal tax of 24 percent will be taken from all prizes above $5,000 before you receive your prize money You may then be eligible for
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