Lottery: How much a Michigan Powerball winner would get
Lottery: How much a Michigan Powerball winner would get
For prizes over $5,000, the Lottery is obligated to withhold 24% for federal income tax and % for state income tax, according to the
The state will also take out any taxes owed on the winnings before distributing the money to the club For the latest on Michigan Lottery, There are no specific sales tax provisions regarding lotteries or gambling in Michigan, but since the sales and use taxes are levied on the retail sale of
dpms.dtcp.telangana Michigan currently has a gambling tax rate of % Is the tax rate different for different lotteries? No All gambling winnings are treated equally This Michigan lottery could not replace that feeling of euphoria of placing a bet on a three-digit number in the morning, and then dreaming and hoping of winning
