CA or AZ? The $ billion Powerball jackpot's tax bill depends on

— The fourth-largest jackpot in Powerball history was recently won in Oregon, however, in California, large lottery jackpot wins

CA or AZ? The $ billion Powerball jackpot's tax bill depends on Lottery property tax relief fund What are the odds of winning the $ billion, Powerball, July 19, 2023: A single ticket won in California

— The fourth-largest jackpot in Powerball history was recently won in Oregon, however, in California, large lottery jackpot wins

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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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The tax information provided here is based on 2024 federal marginal rates and state tax rates It shows the final federal and state tax burdens each year, not