Lottery Tax Rates Vary Greatly By State

How do states tax Mega Millions lottery winnings? · Arizona: 5% · Arkansas: 7% · California: No state tax · Colorado: 4% · Connecticut: %

However, California is one of the 13 states that do not collect additional taxes on residents' lottery winnings So how much will Wednesday's

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lottery values Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The