How to Handle California Lottery Tax

Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments

How to Handle California Lottery Tax Nope, contrary to what everyone would assume, California is actually one of the best states to win the lottery since there is no state tax on

Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments

california lottery super lotto winning numbers Now, here's the good news for all you Golden State lottery champs: California itself doesn't tax lottery winnings! That's right, you get to keep all your

You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize

california lottery daily 3 numbers California does not tax lottery winnings If individuals win the lottery in California, they are not required to pay state taxes on their winnings However,

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