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Tax percentage on Il lottery winnings?

Updated: 9/27/2023
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Wiki User

13y ago

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Illinois withholds 3% of the winnings but you will not the total amount of taxes that you will owe until your income tax return is completed correctly.

The federal amount can be any where from 28% up to 30% for the federal withholding amount depending on certain situations.

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13y ago
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12y ago

25% fEDERAL TAX AND 5% STATE, A TOTAL OF 300$ PER 1,000$ WON

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