Taxes On Lottery Winnings: What You May Owe

$ billion Mega Millions: How is the lottery taxed in CA? what amount of lottery winnings are taxable The federal government withholds 24% of your winnings immediately You may owe additional federal taxes depending on your overall tax bracket Each state also what are the odds of winning lottery The winnings constitute Part B income, taxed at 5% Directive 2: She cannot deduct the cost of the losing tickets to the extent of gambling gains because these

what is the best paying slot machine in san manuel casino California law prohibits the imposition of any state or local tax on the sale of lottery tickets or shares of the lottery, any prize awarded by the