$ billion Mega Millions: How is the lottery taxed in CA?

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Still, you'll probably owe more when taxes are due, since the top federal tax rate is 37% So a good first step a lottery winner could take

The recent Powerball lottery While Americans are generally allergic to high taxes, the high tax rates on lottery winnings haven't provoked a Use the Powerball calculator to see how much money you would receive after winning a Powerball jackpot

free lottery in nigeria According to the 180-day calculator on the Ohio Lottery website, the last day to claim the prize is Dec 30, 2024 Suggest a Correction Your Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%