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2. How to Split Lottery Winnings Without Losing Friends or Family

   www.aol.com/split-lottery-winnings-without...

   If you live in one of these states, consider yourself lucky. You won’t owe state taxes on lottery wins on top of federal income tax: California. Florida. New Hampshire. South Dakota. Tennessee ...

3. How Are Lottery Winnings Taxed in Your State? - AOL

   www.aol.com/lottery-winnings-taxed-state...

   For the official word on lottery winnings and your federal and state taxes, double check the gambling income rules laid out at IRS.gov, your state taxing authority and contact a CPA or tax ...

4. I Won the Lottery! How Bad Are Taxes Going to Be? - AOL

   www.aol.com/finance/won-lottery-hefty-taxes...

   Before you see a dollar of lottery winnings, the IRS will take 25%. Up to an additional 13% could be withheld in state and local taxes, depending on where you live. Still, you'll probably owe more ...

5. Pennsylvania Lottery - Wikipedia

   en.wikipedia.org/wiki/Pennsylvania_Lottery

   The Lottery then reports all winnings to the IRS. For federal income tax purposes, any lottery winnings over $2,500 in a fiscal year are taxable. However, when the winning amount is greater than $5,000, the Pennsylvania Department of Revenue withholds the proper amount of federal income tax before a check is mailed to the claimant. Pennsylvania ...

6. Lottery jackpot records - Wikipedia

   en.wikipedia.org/wiki/Lottery_jackpot_records

   All lottery winnings are subject to Federal taxation (automatically reported to the Internal Revenue Service if the win is at least $600); many smaller jurisdictions also levy taxes. The IRS requires a minimum withholding of 24% of the prize (minus the wager) of any gambling win in excess of $5,000.

7. Louisiana Lottery Corporation - Wikipedia

   en.wikipedia.org/wiki/Louisiana_Lottery_Corporation

   Powerball jackpot winners have 60 days after claiming their prize to select cash or annuity. The LLC is required to report all prizes greater than $600 to the IRS and the Louisiana Department of Revenue. For winners with a U.S.-issued Social Security number, prizes of $5,000 or more are subject to Louisiana income tax withholding, and also have ...

8. Is that a scam? How to recognize and report fraudulent behavior

   www.aol.com/scam-recognize-report-fraudulent...

   Lottery scams: being asked to pay a fee to claim lottery winnings Property tax scams: mail claiming the sender can reduce your property taxes for a fee Mortgage scams: sender claiming to ...

9. Experts: What To Do With Your Money if You Win the Lottery - AOL

   www.aol.com/finance/experts-money-win-lottery...

   Winning a life-changing amount in the lottery, whether it’s six figures on a scratch-off ticket or megamillions in the Powerball drawing, could give you the financial freedom you desire. Pay off ...