california taxes on lottery winnings
What happens if I have a lottery or gambling win?
california taxes on lottery winnings
california taxes on lottery winnings
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california taxes on lottery winnings Generally, inherited lottery winnings are not taxable in California since there is no federal or state inheritance tax in California When you win the lottery, the winnings are taxable income, and you must pay federal and state taxes You may be subject to the highest tax bracket depending on Lottery: There's no state or local tax on lottery winnings, but you'll still owe federal income tax on your prize money Find more