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California State Lottery Laws

California State Lottery Laws

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california tax on lottery winnings   Dan california lottery payout calculator

That would leave you with roughly $408 million Other states, such as Arkansas, have a state tax of %, so the total payout for these

That would leave you with roughly $408 million Other states, such as Arkansas, have a state tax of %, so the total payout for these If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding

top mazooma slot sites More specifically, revenue from California's official lottery is directed toward a dedicated State Lottery Fund within the State Treasury While the state How Much Are Lottery Winnings Taxed? · 24% withheld from $930 million = $232,200,000 · Additional amount you need to pay with a 37% tax rate: $111,900,000 · Total

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