California ticketholder wins $ Powerball jackpot

California ticketholder wins $ Powerball jackpot tax on lottery winnings california Lottery prizes are not subject to California state income tax The Lottery is required by federal tax law to withhold federal taxes of 24% for tax on lottery winnings in india Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

tax on lottery winnings in india Some states, such as California, don't tax lottery winnings But for other state lotteries, you'll be taxed at your ordinary income tax rate Most states that

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