$ billion Mega Millions: How is the lottery taxed in CA?
$ billion Mega Millions: How is the lottery taxed in CA?
What do federal taxes look like on a lump sum payment? The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted
Best lottery tax calculator to calculate your net winnings after federal and state taxes are deducted Know how much you'll take home before claiming your California: No state tax on lottery prizes Your average net per year The state tax rates withheld by the lottery, as well as the final state income
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