Gambling and Lottery Winnings
Gambling and Lottery Winnings
federal lottery taxes
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The Internal Revenue Service imposes a federal tax rate of 24%, and California's state income tax, with rates ranging from 1% to %,
Lottery winnings that are more than $5,000 get a federal tax of 24 There are also additional federal taxes of about 37% In total
federal tax lottery winnings Lottery taxes are really high, so if you think you will ever win this is how much money you would
federal taxes on lottery winnings The California Lottery is required by the Internal Revenue Service to withhold federal taxes on many prizes There is no California state or
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