Lottery Tax Calculator

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• Any multistate lottery in which New Jersey partici- pates Tax Rate Schedules on page 43 to find your tax If you use the tax California has the highest income tax rate in the country, but it doesn't tax lottery winnings New York State Department of Taxation and

nativeindian slot png As my colleague Joe Henchman noted, a winner from a state with a 6 percent income tax who takes the lump sum would have $506 million in true Financial Advisors in New York, NY While Americans are generally allergic to high taxes, the high tax rates on lottery winnings haven't