How much a year would I actually get a year if I won the california lottery ticket that says it pays 100,000 a year for 20 years?
If you mean after tax, there is no state tax on lottery winnings in California, but you would have to pay 25% federal tax so you would get $75,000 a year.
Answered by kgb agent Stephen O on Friday, March 02 2012 at 02:43PM EST
Source:
www.lotteryuniverse.com/...
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