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09-18-12, 11:57 AM
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AVGWarhawk
Lucky Jack
Join Date: Jun 2005
Location: In a 1954 Buick.
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Quote:
Originally Posted by
jimbuna
Just been wondering, are lottery wins taxable over in the US?
Yes, the lottery winning is considered a capital gain and taxed. Some casinos take the tax out of the winnings when you cash out and leave.
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