California State Lottery

tax on lottery winnings california
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The good news is there is no income tax on lottery winnings here in California Your local citytown may also require your lottery winnings to

“The IRS is required to withhold 24% from the winnings, but that doesn't mean whoever wins and chooses the lump sum option is done paying taxes, The California State Lottery withheld all or part of your lottery winnings to repay your UI or SDI overpayment debt Government Code Section allows

slot 6666 game California doesn't take taxes from lottery winnings, but the IRS sure does These are just some of the rules pertaining to Powerball Becker says most people opt for a lump sum payout, which in this case would be $ million before federal taxes California does not tax