$ billion Mega Millions: How is the lottery taxed in CA?
$ billion Mega Millions: How is the lottery taxed in CA?
While lottery winnings aren't taxable, you may be subject to taxes once you've deposited the funds or if you give any winnings as a gift Let's
Hail said the Puerto Rican tax code specifies that prizes from lottery winnings are exempt from income tax Instead, prizes are subject to a How much tax do you pay on lottery winnings? In the , if you win a lottery of $600 or less, you don't have to report it If you win more than $5,000, you
ho yeah monkey slot Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes, 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
