01 Jan, 1970
Learn how federal taxes impact lottery winnings, including withholding rules, lump sum vs annuity options, tax calculation strategies, and common tax mistakes to avoid for US winners.
Discover how to accurately calculate taxes on lottery winnings with our comprehensive guide. Learn about federal withholding, state tax variations, annuity vs lump sum comparisons, recommended calculator tools, and expert tips to maximize your take-home pay.