california lottery tax rate
How to Handle California Lottery Tax
california lottery tax rate
california lottery tax rate
➡️【Mk.com】✅Enjoy live casino games✅, online slots, and more. Our app is designed to provide a seamless, high-quality gaming experience... 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 california winning lottery Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax
california lottery tax rate Still, you'll probably owe more when taxes are due, since the top federal tax rate is 37% So a good first step a lottery winner could take California: Does not tax lottery winnings at the state level Federal taxes still apply New Hampshire and Tennessee: Don't have general income tax, but they do Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax