California Lottery says $2 billion Powerball winner is legitimate

california tax on lottery winnings
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It's most likely the Powerball winner we'll get to know first A ticket matching all six winning numbers drawn on July 19 — 7, 10, 11, 13, and

The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes

california lottery mega millions winning numbers Alvarez opted for the latter, which amounted to $ before federal taxes Hailing the winnings, the California Lottery said: “Both

california lottery ticket Client had already filed Federal and Hawaii 2014 returns and wasn't amending the Fed or HI returns Lottery winnings didn't trip any Federal tax