Tax on Lottery Winnings by State 2023

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Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37%

California None ; Colorado % ; Connecticut % ; Delaware None ; Florida No income tax  California Lottery director Alva Johnson announced Castro's win on Valentine's Day, Feb After taxes, Castro walked away with $

best 4 slot toaster uk In federal tax laws, lottery scratch-off tickets are considered gambling winnings They are taxable income You may be able to deduct gambling The California lottery taxes Scratcher winnings the same way if they're $600 or more The California Lottery will mail you an IRS Form W-2G,