If you won a $500 million jackpot in California and chose to take a
If you won a $500 million jackpot in California and chose to take a
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Mega Millions jackpot is nearly $1 billion—these 8 states don't tax your winnings · California · Florida · New Hampshire · South Dakota · Tennessee
Before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000, CNBC explains Out of California does not tax California Lottery winnings, however it taxes lottery winnings from other jurisdictions For SuperLotto Plus and Mega Millions
what time is the national lottery drawn Are Lottery Taxes Deductible in California? According to the California Tax codes, lottery winnings are not subject to state tax withholding Similarly, Now, here's the good news for all you Golden State lottery champs: California itself doesn't tax lottery winnings! That's right, you get to keep all your