ca lottery taxes
CA Lotto: What Is the Tax on Lotto Winnings in California?
ca lottery taxes
ca lottery taxes
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ca lottery taxes We show both the initial mandated federal withholding of 24% as well as the remaining federal taxes that will be due The initial state withholding taxes are The Lottery is required by federal tax law to withhold federal taxes of 24% for citizens and resident aliens Non-US citizens will have 30% withheld from 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%