Silver Lotto

sábado, 20 de octubre de 2012

In the USA, how much do I pay for tax if I win a lottery or win a prize ?

Query by tindo79e: In the USA, how much do I spend for tax if I win a lottery or win a prize ? For instance, if I win $ 1,000,000.00 from " Who desires to be a millionaire" or Electrical power Ball lottery. Very best answer:
Answer by bud68
It is ordinary income.
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