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Flip'n win win $1 000.00 instantly
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WebMar 27, 2024 · The winner of a $100,000 lottery prize would have 25 percent, or $25,000, withheld for federal income taxes. In 34 states, the prize would also be subject to state income taxes ranging from 3.4 percent to 10.8 percent, according to Zacks Investment Research. The amount withheld may not be the actual tax owed on the prize.
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