Powerball Ticket Sold In California Wins $ Billion Prize—Here's
Powerball Ticket Sold In California Wins $ Billion Prize—Here's
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Powerball jackpot on Tuesday could pick up their cash prize without owing any state taxes, because California doesn't tax lottery winnings
The California State Lottery owes public schools $36 million, according to a recent state audit Follow · Follow · Follow In 1984, the state lottery was 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%
oklahoma city lottery The California lottery taxes Scratcher winnings the same way if they're $600 or more The California Lottery will mail you an IRS Form W-2G, If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding