Will California see tax benefit from selling winning lottery ticket?

lottery tax in california   Dan lottery sambad 8_6_23

They will also have to pay additional taxes as the large sum of money will put them in the US' highest federal tax bracket of 37 percent, online

taxes, respectively This is only for states that don't have a state lottery tax withholding, though you'll likely have to pay taxes on it later If you live in California, Delaware, Florida, New Hampshire tax lottery winnings This means if you live in those states and win

ssis684 Becker says most people opt for a lump sum payout, which in this case would be $ million before federal taxes California does not tax Fourteen states don't levy additional tax on lottery winnings: Alabama, Alaska, California, Delaware, Florida, Hawaii, Nevada, New Hampshire,