California Code of Civil Procedure
California Code of Civil Procedure
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
You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize
california lottery home page Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax
california lottery homepage Lottery prizes are not subject to California state income tax The Lottery winnings, including your gross and net installment payments, are matters
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