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Gaming winnings inside the Virginia is actually at the mercy of a federal taxation rate from twenty-four% and county taxation you to definitely range between dos% so you can 5.75%, dependent on your income level. You should consider one another state and federal income tax personal debt when reporting these types of money. The new court many years for many playing issues inside Virtual assistant are 21, since the years to possess participating in the brand new Virginia Lotto and you may horse racing is 18.
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