taxes on michigan lottery winnings
The Best and Worst States to Pay Taxes on Lottery Winnings
taxes on michigan lottery winnings
website taxes on michigan lottery winnings or share for winning the Lottery, other than the prize To report any changes, contact Lottery at: Michigan Lottery, Retailer Services, Box 30023, taxes on michigan lottery winnings The Double Play add-on feature is available for purchase in 13 lottery jurisdictions, including Pennsylvania and Michigan A $2 ticket gives
taxes on michigan lottery winnings Whenever the winner comes forward, the state will have to impose a % tax on the winner's payday, according to Michigan Lottery spokesperson In Michigan, gambling winnings are subject to a 24% withholding for federal tax That said, the actual amount you need to pay taxes on depends Lottery winnings are subject to federal and sometimes state taxes If you win big, plan for the taxes ahead of time Updated May 24, 2024