Ticket Sold In LA Wins $ Billion Powerball Jackpot—Here's How

tax on lottery winnings california
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Before the state of California gives him any of his winnings, 24 percent—$ million—will be withheld and sent directly to the Internal Revenue Service

Nope, contrary to what everyone would assume, California is actually one of the best states to win the lottery since there is no state tax on

taxes on million dollar lottery There is no California state or local tax withholding The Lottery is required to withhold federal taxes of 24% for Citizens and

taxact lottery calculator California does not tax lottery winnings If individuals win the lottery in California, they are not required to pay state taxes on their winnings However,