Income Tax on Awards & Prizes

california lottery tax rate
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Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

Assuming you buy that lotto ticket in CA, as a 100% CA resident, there's no state tax to worry about, which means that's about it tl;dr: $

california lottery daily 4 Assuming you buy that lotto ticket in CA, as a 100% CA resident, there's no state tax to worry about, which means that's about it tl;dr: $

california lottery online California doesn't charge a cent in state income tax on lottery winnings, no matter the amount In this case, it's like winning a second $123