Episode

Where You Win Affects Your Lottery Pay

Podcast
California News Today | 2 Min News | The Daily News Now!
Published
May 30, 2026
Duration seconds
88
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Summary

Winning the Powerball jackpot? It’s life-changing — but don’t forget Uncle Sam and your state. Nine states, including California, don’t tax lottery winnings, letting you keep more of that massive cash. But elsewhere, taxes can range from 2% to over 10%, eating into your prize. Even if you buy a ticket in a tax-free state, non-residents might still owe taxes. Bottom line: secure your ticket, surround yourself with experts — lawyers, tax pros, financial planners — and plan your windfall wisely. It’s not just about winning; it’s about managing the win. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/53532484f64e2d64