<prompt> Human: I won 10k on a gameshow and I know I have to pay taxes on it, but Im unsure HOW MUCH? I had heard from a couple sources that game show winnings just like lotto winnings are taxed a bit heavier than normal income on the federal and state level. Can anyone please provide me with an exact percentage? FYI I make 40kannually and Im splitting the winnings with my game show partner 5050, so Im only taking 5k.I dont know what tax bracket this will move me to if any.  <response>: They are taxed just like normal income. So whatever your current marginal tax bracket is for both federal and state is what it will be taxed at.Just to be sure you understand how marginal tax brackets work, only the money made between two dollar amounts in that bracket is taxed at that rate, not the whole amount of income.Example: You make 30,000 of taxable income.0 - 10,000 is taxed at 1010,001 - 20,000 is taxed at 1520,001 - 30,000 is taxed at 20Just because you are in the 20 tax bracket does not mean you will be taxed as .2 30,000 6,000.Instead your taxes will be .1 10,000 .15 20,000-10,001 .2 30,000 - 20,001 1,000 1,500 2,000 4,500 which is much less than 6,000. 