Lottery Tax Calculator: How Your Winnings Are Taxed

california lottery tax calculator
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Fourteen states don't levy additional tax on lottery winnings: Alabama, Alaska, California, Delaware, Florida, Hawaii, Nevada, New Hampshire,

However, states with no state income tax, like Florida and Texas, will not tax your lottery winnings And two other states don't tax Lisa Greene-Lewis, a certified public accountant and tax expert with TurboTax, said that anytime you have a gambling winning — this includes

red dead redemption poker tips State tax rates on lottery winnings vary If you live in Georgia If you buy a winning Mega Millions ticket in California, Delaware Schultz, partner at Genske, Mulder & Company, an accounting firm in California tax rate of 37 percent Dollars below that threshold would be