If you won a $500 million jackpot in California and chose to take a

california lottery tax
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Some states, such as California, don't tax lottery winnings But for other state lotteries, you'll be taxed at your ordinary income tax rate Most states

The prize is subject to 37% federal income taxes as well as state and local levies depending on where the winner lives California is one of

california lottery past winning numbers While California doesn't tax lottery prizes, there's a mandatory 24% federal withholding and the winner likely owes millions more Joe

california lottery homepage If the cash prize is chosen, the amount will drop to $ million after a mandatory federal tax withholding of 24% Depending on the winner's