What Happens When Players Hit the Lottery Jackpot in California?
As with any prize, the home's fair market value must be reported on Form 1040 as other income, and will be taxed at your marginal income tax rate Unless they
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¶16-305, Subtractions--Lottery Winnings California law prohibits the imposition of any state or local tax on the sale of lottery tickets or shares of the
california lottery homepage How do I calculate lottery lump sum after taxes? · Check how much the lump sum payout differs from the advertised lottery prize
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