1 In 2012, Carson was the Influential Marylander Award recipient from The Daily Record, Baltimore's legal and business newspaper. 2  In 2014, a poll of Americans conducted by Gallup ranked Carson sixth on a list of the most admired men in the world. 3  He is an emeritus fellow of the Yale Corporation.
Your gambling winnings are generally subject to a flat 25% tax. However, for the following sources listed below, gambling winnings over $5,000 are subject to income tax withholding: Any sweepstakes, wagering pool (including payments made to winnners of poker tournaments), or lottery.epending upon the amount of your winnings and the type of gambling, the establishment or payer may be required to withhold income taxes. In general, 25% of the amount is required to be withheld. In some cases, a backup withholding of 28% is required instead.
March 15, 2010. Lottery winnings may feel like free money, but the government wants its share of your prize. No matter where or when you play the lotto, your winnings are always taxable. The amount of tax you'll pay depends on your overall tax picture. You report your gambling winnings on Form 1040 as part of your other income for the year. The IRS will take its share of your lottery winnings.