georgia lottery payout options
georgia lottery payout options
Tax Georgia Lottery?
If I were to win the Mega Millions in Georgia, after the payment of the cash option, what percentage would be taken in total taxes? I think that the tax on state lotteries in the GA is about 18%, but do not know if federal, etc. removed. Thanks in advance for your answers!
If federal taxes are not taken at the time of payment, then you have to pay when you file. You have to pay taxes federal lottery profits.
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