tax on interest
 

Does any know what the percentage of taxes that you have to pay on the
interest earned for lottery winners?

Thanks all.

tax on interest
 

zill wrote:

Does any know what the percentage of taxes that you have to pay on the
interest earned for lottery winners?

Interest is taxed as normal income, regardless of source.

tax on interest
 

"zill" wrote in message
...
Does any know what the percentage of taxes that you have to pay on the
interest earned for lottery winners?

Thanks all.

What does this have to do with houses?

How do you know that lottery winners earn any interest?

tax on interest
 

On Oct 20, 7:50*pm, "terrable" wrote:
"zill" wrote in message

...

Does any know what the percentage of taxes that you have to pay on the
interest earned for lottery winners?

Thanks all.

What does this have to do with houses?

How do you know that lottery winners earn any interest?

lottery winners can earn 3.5% interest from a normal bank account, but
if invested right they can earn 8-10%.