California Legislative History Collection: 1850-

lottery tax in california
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If the cash prize is chosen, the amount will drop to $ million after a mandatory federal tax withholding of 24% Depending on the winner's

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

lottery sambad 243 24 taxes, respectively This is only for states that don't have a state lottery tax withholding, though you'll likely have to pay taxes on it later

lottery tickets in india Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments