How to Handle California Lottery Tax

Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37%

State taxes on Powerball wins Most states impose a tax on lottery wins New York levies the highest tax on wins at %, followed by Maryland

california lottery usa California Lottery officials on Wednesday noted that the winner has taxes - from the lottery Andy Khalil, who co-owns Midway

california lottery mega millions winning numbers The Lottery is required by federal tax law to withhold federal taxes of 24% for citizens and resident aliens Non-US citizens will have 30% withheld from