Lottery Jackpot IRS Tax Estate Planning San Diego

california taxes on lottery winnings
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There is no California state or local tax withholding The Lottery is required to withhold federal taxes of 24% for Citizens and

Yes, you do have to pay federal tax on California Lottery winnings However, you do not have to pay state or local taxes on any money you win playing the

california lottery calculator Becker says most people opt for a lump sum payout, which in this case would be $ million before federal taxes California does not tax

california lottery superlotto That means if you live in California, but purchase a winning ticket in Oregon — which has state tax of 8% on jackpot winnings — your take-home