What are the tax implications of winning money or valuable prizes?

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What are the tax implications of winning money or valuable prizes?

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September 26, 2023 , , ,

taxes on winnings

If you gamble or buy lottery tickets and you’re lucky enough to win, congratulations! After you celebrate, be aware that there are tax consequences attached to your good fortune.

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The tax implications of being a winner

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August 6, 2019 , , ,

Gambling or Lottery Winning Tax Consequences

If you’re lucky enough to be a winner at gambling or the lottery, congratulations! After you celebrate, be ready to deal with the tax consequences of your good fortune.
Continue Reading: The tax implications of being a winner