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What is the tax rate for lottery winnings?

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  • Ellis, Blake. "You won the lottery! What's your tax hit?" CNN. Nov. 30, 2012. (Oct. 15, 2014) http://money.cnn.com/2012/11/30/pf/taxes/powerball-lottery-tax/
  • Duncan, Kevin et al. "Lottery Tax Rates Vary Greatly by State." Tax Foundation. Mar. 29, 2014. (Oct. 15, 2014) http://taxfoundation.org/article/lottery-tax-rates-vary-greatly-state
  • Novack, Janet. "Minus Taxes And Hype, $636 Million Jackpot Shrinks To $206 Million -- Or Less." Forbes. Dec. 17, 2013. (Oct. 15, 2014) http://www.forbes.com/sites/janetnovack/2013/12/17/minus-taxes-and-hype-636-mega-millions-jackpot-shrinks-to-206-million-or-less/
  • Prante, Gerald and John, Austin. "Top Marginal Effective Tax Rates by State and Source of Income, 2012 Tax Law vs. 2013 Tax Law." Social Science Research Network. Feb. 3, 2013. (Oct. 15, 2014) http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2176526

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