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What ever your marginal tax rates are. For 2009 and 2010 from 10% to the 35% maximum marginal tax rate for the federal income tax return.

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Q: If you win the Ohio lottery what percent do you have to pay?
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Related questions

What percentage of tax do you have to pay on a large lottery win in India?

75


What happens if you win the lottery in a different state?

If you win the lottery in a different state, you can still claim your prize, but you may have to pay taxes in both the state where you bought the ticket and the state where you live.


Do you have to be a resident in order to win the lottery?

No, you do not have to be a resident to win the lottery.


Do you have to be a resident of the state to win the lottery?

No, you do not have to be a resident of the state to win the lottery.


Do you have to be a citizen to win the Powerball lottery?

No, you do not have to be a citizen to win the Powerball lottery.


How much should I pay the first paycheck on Monday to Win the lottery?

It is not possible to determine how much you should pay from your first paycheck on Monday in order to win the lottery, as winning the lottery is based on chance and luck, not on the amount of money you spend. Lotteries are random and the odds of winning are typically very low. It is important to play responsibly and within your means, as the lottery is a form of gambling and should be treated as such.


Do you pay state taxes if you win North Carolina state lottery?

Yes you will have to pay state taxes to North Carolina after adding your lottery winnings to all of your other gross income on the state income tax return.


How do you win the lottery in Pokemon LeafGreen?

the lottery is not in leafgreen.


Is it possible for me to win the lottery in a different state?

Yes, it is possible for you to win the lottery in a different state if you purchase a ticket for that state's lottery drawing.


Is it possible to win the lottery in another state?

Yes, it is possible to win the lottery in another state if you purchase a ticket for that state's lottery drawing.


Do you have to be a state resident to win the lottery?

Yes, in most cases, you must be a resident of the state where the lottery ticket was purchased in order to win the lottery.


Does the lottery stink?

Yes, the lottery is something that companies use to gain money, and about 99.9 percent of the time, you never win anything grand... NEVER BUY LOTTO TICKETS. They're a scam