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D235798's Blog

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March 1, 2007, 2:42 amLottery Winnings

I Play the lottery here in new york, i know when you win a jackpot that you are taxed (state tax) on the amount and pay the state taxes on that amount when you make the claim, however, at the end of the year i'm sure you must pay federal taxes? if so what would be the percentage, also is it 7.7% for new york or is it more? 

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