These Eight States Won't Tax Your Mega Millions Jackpot Winnings

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Your state will tax the winnings too, unless you live in a state that does not impose a state-level income tax Taxes on Lottery Winnings, Raffles, Charity

If you're a California resident and purchase your ticket there, you pay the 37% federal tax rate But you're in luck because California doesn't California has the highest income tax rate in the country, but it doesn't tax lottery winnings Florida, South Dakota, Texas, Washington,

poker in rdr2 While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding The California Lottery is required by law to withhold federal taxes, which can vary based on the state the winner lives in At the very least,