how much do they tax lottery winnings
$ billion Mega Millions: How is the lottery taxed in CA?
how much do they tax lottery winnings
how much do they tax lottery winnings
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how much do they tax lottery winnings 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, When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab