How are Lottery Winnings Taxed?

Non-US residents who win the national lottery will be subject to a 30%-% withholding rate if winnings exceed $ 4 That said, there are

Becker says most people opt for a lump sum payout, which in this case would be $ million before federal taxes California does not tax

can i buy lottery tickets at 18 Lottery Tickets: Sales of tickets for California Lottery games are not taxable You should not include them in your sales and use tax return as part of your

camelot lottery The California Lottery said that Ms Alvarez opted to take the payment in the form of a lump sum of $ million before taxes Reporting