What is the tax rate for prize winnings in California?
The lump sum payment is about 60–65% of the announced prize, let's say 62% Then federal tax is 37% There is no California state tax on lottery
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➡️【Mk.com】✅भारत की सबसे भरोसेमंद ✅ सबसे विश्वसनीय ऑनलाइन कैसीनो वेबसाइट ✅ आप ऑनलाइन, तीन पत्ती, अंदर बाहर, रूलेट, ब्लैकजैक गेम्स, आसान भुगतान विधियों तक पहुंच सकते हैं ✅ The lump sum payment is about 60–65% of the announced prize, let's say 62% Then federal tax is 37% There is no California state tax on lottery california lottery past winning numbers
Depending on the state you're in, you may get more taxes on top of that Luckily in California, there is no state tax on lottery prizes
california lottery homepage Jackpot winners who live outside of the United States are subject to a federal tax rate of 30 percent The American government automatically withholds the
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