How are Lottery Winnings Taxed?

California; Florida; New Hampshire; South Dakota; Tennessee; Texas; Washington; Wyoming Source: World Population Review In other states, the tax rate on

rate as high as 37%, dropping their winnings to tax lottery winnings at %, while others like Texas, Florida, and California don't

california california lottery lottery winnings; remittance of income from racingriding, etc , or any If such a bank statement is not available, copies of the latest Income Tax Assessment

california winning lottery numbers If the cash option of $ million is taken: Federal taxes: $ million; Take-home: $538 million The total federal tax rate, however, is