Recovering US taxes withheld from gambling or lottery -

California California doesn't tax lottery winnings — that's good news if you win the Powerball jackpot, as Californian Edwin Castro did with

Recovering US taxes withheld from gambling or lottery - Winners will have to pony up the remaining percent in federal taxes come tax time in April 2017 That's a bill of roughly $ million

California California doesn't tax lottery winnings — that's good news if you win the Powerball jackpot, as Californian Edwin Castro did with

lottery fax night The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that

The California lottery taxes Scratcher winnings the same way if they're $600 or more The California Lottery will mail you an IRS Form W-2G,

lottery win tax uk The lump sum payment is about 60–65% of the announced prize, let's say 62% Then federal tax is 37% There is no California state tax on lottery

What you need to know is that there is no lottery exception to the imposition of gift or estate taxes A lottery winner's estate will include