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The good news is there is no income tax on lottery winnings here in California California is one of the eight states that does not require
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Therefore, the payment from the third-party purchaser is considered a payment of gambling winnings and is taxed as ordinary income Accordingly, the amount of
what''s today''s lottery number Key Takeaways · You are taxed on anything you win, whether it's cash, an item, a trip, or a service · Winnings are subject to federal and state income taxes