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These States Won't Tax Your Mega Millions Winnings

These States Won't Tax Your Mega Millions Winnings

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The good news is there is no income tax on lottery winnings here in California California is one of the eight states that does not require

A person who buys a ticket or is given a ticket for a chance to win a motor vehicle, therefore, does not owe tax on the ticket price, even if it is the winning If you live in a state with no income tax , you

karunya lottery result kr 606 Claiming lottery prizes The way you report your winnings depends on the prize amount For example, you do not have to fill out special paperwork to claim While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding

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