California winner of record $2bn lottery prize says he is 'shocked

california tax lottery winnings
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Surprisingly, although California has the highest income tax in the United States, it doesn't tax lottery winnings Other states with a state income tax that

Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

california lottery site Who won biggest lottery jackpot ever? How much did they actually win, was it cash option? · After taxes, $ billion Powerball lottery winner

california lottery winning California Lottery The winner, from California, now Winnings are subject to federal taxes, and many states also tax lottery winnings