Attention turns to Mega Millions after California store sells winning

california tax on lottery winnings
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Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,

Winnings would be subject to federal taxes, and many states also tax lottery winnings Powerball is played in 45 states, as well as

california lottery daily 3 midday When California voters approved the lottery in 1984, they required 34 cents of every dollar go towards education That remained the law until

california lottery site You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize