California misses out on Powerball tax revenue windfall

California misses out on Powerball tax revenue windfall california tax lottery winnings
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california anonymous lottery Becker says most people opt for a lump sum payout, which in this case would be $ million before federal taxes California does not tax

california hot spot lottery strategy Taxes are deferred until payouts are received Winners choosing annuity payments often hedge their bets that tax rates will be lower in the future Investment Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax