How do I recover lottery winnings from the state of California
How do I recover lottery winnings from the state of California
Eight states do not tax lottery winnings — but the tax rate on lump-sum or annuity payments varies in the others In other states, the tax rate on lottery
You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize 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
jee main 2024 chemistry surprises candidates in session 2 slot 1 While California doesn't tax lottery prizes, there's a mandatory 24% federal withholding and the winner likely owes millions more California Lottery The winner, from California, now Winnings are subject to federal taxes, and many states also tax lottery winnings