What percent of other income from prize or award money taxed?

In the United States, prize or award money is generally considered taxable income and is subject to federal income tax. The tax rate applied depends on your overall income level, which can range from 10% to 37%. Additionally, the IRS requires that this income be reported on your tax return, and it may also be subject to state and local taxes depending on where you reside. Always consult with a tax professional for personalized advice regarding your specific situation.