CA or AZ? The $ billion Powerball jackpot's tax bill depends on

lottery tax in california
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Cash prize received, INR 2 lakhs ; Market value of car won, INR 10 lakhs ; Total taxable winnings, INR 12 lakhs ; Tax @ %, INR 374,400

Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The The California State Lottery began in October 1985 after voters authorized it in Proposition 37, the California State Lottery Act of 1984

pick 3 and pick 4 illinois lottery California, unlike some other states, does not levy income tax on lottery tickets purchased within its borders However, this doesn't mean  The California State Lottery owes public schools $36 million, according to a recent state audit Follow · Follow · Follow In 1984, the state lottery was