$ billion Mega Millions: How is the lottery taxed in CA?

how to pay taxes on lottery winnings
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Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts,

Determine if your gambling winnings are exempt from federal income tax and if you're eligible to claim a refund of withheld taxes

how to remember poker hands Most states charge a tax on lottery winnings The amount initially withheld and how the winnings get taxed depends on your state's tax rate

how many chips does each person get in poker winnings If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You