Taxes on Prize Winnings and More!

does ca tax lottery winnings
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Lottery winnings are considered taxable income for both federal and state taxes Federal tax rates vary based on your tax bracket, with rates up to 37% Winning

If you win the Mega Millions jackpot in California, you will be happy to know that there are no taxes on lottery winnings in the state However, California has

does walmart sell lottery tickets The California State Lottery withheld all or part of your lottery winnings to repay your UI or SDI overpayment debt Government Code Section allows

does costco sell lottery tickets Winnings are subject to federal taxes, and many states also tax lottery winnings California does not have a state tax on lottery winnings