Lottery Calculator - The TurboTax Blog

california lottery tax calculator
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$930 million, less 24% withheld = $232,200,000; Less an additional $111,900,000 ; Total prize after federal income tax = Fourteen states don't levy additional tax on lottery winnings: Alabama, Alaska, California, Delaware, Florida, Hawaii, Nevada, New Hampshire,

ohio 3 digit lottery number Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments California: No state tax on lottery prizes Your average net per year The state tax rates withheld by the lottery, as well as the final state income