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Yet the top marginal tax rate of 37 percent means you'd owe a lot more at tax time And state taxes typically are due as well The big impact

Now, here's the good news for all you Golden State lottery champs: California itself doesn't tax lottery winnings! That's right, you get to keep all your Federal lottery taxes are determined by the income bracket the winnings fall into Currently the two highest income brackets are taxed at 37%

nagaland state lottery result 6 p.m. How Much Are Lottery Winnings Taxed? · 24% withheld from $930 million = $232,200,000 · Additional amount you need to pay with a 37% tax rate: $111,900,000 · Total lottery offering Note to the trade : Mr Buckley , in Motor West , will tax The state commissioner of revenue told the dealer here that his