How much money will you get after taxes if you win the Powerball

The good news is there is no income tax on lottery winnings here in California California is one of the eight states that does not require

Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on lottery winnings, ranging from 0% to %

what is the cutoff time for buying lottery tickets You'll include the amount of your winnings when you file your tax return for the year rather than at the casino when you claim them Make sure to keep good

what is today''s lottery Are gamblinglottery winnings subject to Michigan individual income tax? · Residents: report the amount of wagering losses you deducted on Form 1040