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The Best and Worst States to Pay Taxes on Lottery Winnings

The Best and Worst States to Pay Taxes on Lottery Winnings

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If you're a California resident and purchase your ticket there, you pay the 37% federal tax rate But you're in luck because California doesn't

California has the highest income tax rate in the country, but it doesn't tax lottery winnings lottery and that it taxes lottery winnings  The California State Lottery owes public schools $36 million, according to a recent state audit Follow · Follow · Follow In 1984, the state lottery was

texas holdem poker cards Unlike the state of Florida, Oregon does withhold 8% from lottery prizes that are above $1,500, according to the Oregon Lottery Non-video Prize money is considered any money received from awards, raffles, lottery winnings, and any other type of contest Generally, the IRS taxes prize money as

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