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how much does california tax lottery winnings

Your Tax Refund or Lottery Money Was Sent to the EDD -

Your Tax Refund or Lottery Money Was Sent to the EDD -

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how much does california tax lottery winnings

Your Tax Refund or Lottery Money Was Sent to the EDD - how much does california tax lottery winnings California does not tax California Lottery winnings, however it taxes lottery winnings from other jurisdictions For SuperLotto Plus and Mega Millions how to win slot tournament 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 is to

how to win slot tournament As soon as you accept your payout, a large chunk of it is withheld for taxes Though some states do not have a state lottery tax withholding,

how to make poker face For example, since the $910 million prize would put the winner in a new tax bracket, they will be responsible for an additional 13% annual Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

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