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

taxes on million dollar lottery
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Oklahoma has a % state tax withholding, so the winner of the $170 million jackpot would receive about $162 million dollars after tax, while

All winnings over $5,000 are subject to tax withholding by lottery agencies at the rate of 24% This potentially leaves a gap between the While you don't have to report lottery winnings of $600 or less, if you win more than $5,000, the government will hit you with a 24 percent federal withholding

php poker source code Good question If you're wondering if you have to pay tax on lottery winnings then guess what, you've come to the right place! Mega Millions sign and lottery tickets are seen at a store in New York, United