California ticketholder wins $ Powerball jackpot

California ticketholder wins $ Powerball jackpot lottery taxes in california Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket, lottery sambad 5_6_23 Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,

lottery sambad 5_6_23 Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments

lottery tickets with big prizes left According to the California Tax codes, lottery winnings are not subject to state tax withholding Similarly, losses incurred for purchasing lottery tickets are California Lottery director Alva Johnson announced Castro's win on Valentine's Day, Feb After taxes, Castro walked away with $