USA lotteries - lotteries in the united states

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Taxes on popular lottery games

Below are the popular lottery games and their tax percentage.

When buying tickets in the states: Oregon, New York and New Jersey, the following local tax will be withheld from the amount won:

Oregon withholding tax is 30% for winning amounts over 600 dollars and 38% for prizes, exceeding 1500 dollars.
In New Jersey, the IRS collects all prize money, included in the range 600 – 9999,99 dollars, the size of 30%. If the winning amount is 10000 dollars and above, then tax deductions will additionally include about 10,8 %.
Lottery, bought in New York, implies a tax of 30% for amounts from 600 dollars to 4999,99, and additionally will be withheld 8,82%, if the winning amount is or exceeds 5000 dollars.

When buying tickets in the states: Oregon, New York and New Jersey, the following local tax will be withheld from the amount won:

The Oregon Lottery collects 30% for prizes over 600 dollars, and 8% are charged additionally, if the winning amount exceeds 1500 dollars.
In New Jersey, the taxation process includes 30% from winning amounts from 600 to 9999,99 dollars, and 40,8% - from the amounts, equal or exceeding 10000 dollars.
In New York, tax on lottery winnings in the amount of 600 to 4999,99 dollars will also be 30%, in case of monetary reward, exceeding 5000 dollars - 38,82%.

This lottery, includes categories of tax collections of two types:

One type of government payment is based on no tax on winning amounts up to 4999,50 dollars.
The second category implies deductions in the amount of 44,17% (for non-residents) from all prize funds more than 4999,50 dollars. The levy consists of such taxes: staff, municipal, federal.

Game, which prizes are taxed in two categories:

Prize amounts, which are less than or equal 4999,50 dollars, not subject to taxes.
Any winnings over 4999,50 dollars are subject to a tax levy of 44,17% for non-residents of the United States of America, state tax, federal and municipal taxes.

Lottery game, winning amounts which are taxed in one of three categories:

In one of the categories of winnings, did not reach 599,99 dollars, not subject to tax deductions.
All prize amounts for the second category, dollar range 600 – 4999,99 are subject to payment of tax in the amount 30% (for non-residents).
The third category implies taxation for non-residents in the amount of 38,82% from all winning amounts, exceeding 5000 dollars.