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how much does california tax lottery winnings

Here's the tax bill for the winning $ Mega Millions ticket

how much does california tax lottery winnings

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how much does california tax lottery winnings

website how much does california tax lottery winnings Becker says most people opt for a lump sum payout, which in this case would be $ million before federal taxes California does not tax how to get a straight in poker When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal

how much does california tax lottery winnings The California tax rate on California lottery winnings is 0% Nothing Nada Even if you win a billion dollars, it's still 0%   How Much Are Lottery Winnings Taxed? · 24% withheld from $930 million = $232,200,000 · Additional amount you need to pay with a 37% tax rate: $111,900,000 · Total  While California does not have a state-level estate tax, the federal estate tax could apply to a California lottery winner's estate Under

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