California Lottery Prize Claim Form

california lottery taxes
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Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The

You'll also see more taxes are withheld if you select the lump sum cash payout Every state is required to withhold 25% in a federal lottery tax

california lottery tax It is important to file tax returns reporting your winnings and pay taxes owed to avoid interest and penalties There is a 5 percent per month

california lottery ticket The Lottery is required by federal tax law to withhold federal taxes of 24% for citizens and resident aliens Non-US citizens will have 30% withheld from