Tallying Up the Taxes on Lottery Winnings - TurboTax

How much money will you get after taxes if you win the Powerball when you win the lottery how much goes to taxes The Internal Revenue Service imposes a federal tax rate of 24%, and California's state income tax, with rates ranging from 1% to %, when is the lottery drawn Lottery winnings in India are not normally taxed as regular income; rather, they are subject to a fixed flat tax of 30% Section 194B of the

when is the next ohlq lottery You cannot deduct losses you claim as itemized deductions on Form 1040, Schedule A Please note: If you were a Massachusetts resident for part of the tax