What Happens When Players Hit the Lottery Jackpot in California?

website california lottery taxes While there is no getting around the Federal Tax rate that is applied to a lottery win, the rate currently stands at 37%, certain states such as california lottery usa California is one of the few states where lottery winners can pay no state taxes

california lottery taxes This means if you live in those states and win, you will get $374,954,812 One note: Your winnings could also be subject to local taxes in some  California: Does not tax lottery winnings at the state level Federal taxes still apply New Hampshire and Tennessee: Don't have general income tax, but they do  California is one of the few states where lottery winners can pay no state taxes

Share

Share

Link

Turn off sharing Copy link

See all details