How Much Taxes Do They Take Out In Va

Reply #8

Mardell — Sun, 17 Aug 2014 14:00:13 GMT

Va will take out taxes If you want them to, that is If you go to one of their regional offices. You can just pay the taxes at the end of the year.

Reply #7

LottoBux — Sun, 17 Aug 2014 01:45:36 GMT

From The Virginia Lottery FAQ Page

Are prizes taxable?

Yes. All prizes are subject to income taxes. We must withhold federal and state taxes from each prize over $5,000 -

25% for federal taxes and 4% for state taxes. For all prizes over $600, the Lottery will issue a federal form W2-G to the winner.

Reply #6

Lildarryl — Sat, 16 Aug 2014 23:18:47 GMT

They use Bank of America

Reply #5

showmethe $ — Sat, 16 Aug 2014 23:02:58 GMT

And u saw I didn't reply 2 u but you right

Reply #4

Lildarryl — Sat, 16 Aug 2014 22:57:09 GMT

I just said no taxes. Do u need to see the copy of check. Dang

Reply #3

showmethe $ — Sat, 16 Aug 2014 22:51:50 GMT

I'm hearing different things they take taxes out if u have a multiple ticket they just tax that ticket then I'm hearing they tax every ticket then I'm hearing they don't tax if you don't owe but you have to report it when you do your taxes I'm confused I just need to hit so I can go down there myself lol

Reply #2

grwurston — Sat, 16 Aug 2014 22:44:49 GMT

Click on USA MEGA on the left side of the page. Its under the quick links section. Then click on the FAQ's and scroll down to the section on taxes.

Reply #1

Lildarryl — Sat, 16 Aug 2014 22:39:19 GMT

I hit for $2600 there once. Got $2600 check.

How Much Taxes Do They Take Out In Va

showmethe $ — Sat, 16 Aug 2014 22:34:58 GMT

What's the normal cash value after taxes if you hit for the 5 thousand