The Best and Worst States to Pay Taxes on Lottery Winnings

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The Lottery is required to withhold federal taxes of 25% for citizens and resident aliens providing a social security number, and 28% for If the cash prize is chosen, the amount will drop to $ million after a mandatory federal tax withholding of 24% Depending on the winner's

gold cup slot The good news is there is no income tax on lottery winnings here in California While there is presently no estate tax here in California, California has the highest income tax rate in the country, but it doesn't tax lottery winnings lottery and that it taxes lottery winnings