If I bought 1000 lottery tickets this year and didn't win anything, could
If I bought 1000 lottery tickets this year and didn't win anything, could
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No expenses attributable to gambling and lottery income are deductible Expenses such as: parking, postage, entry fees, meals and lodging or travel may not be
Most states tax lottery winnings as well; depending on where you live your total tax bill could be as high as 50% of the prize, based on your other income In Yes, Lottery prizes are taxable income under federal and state law For prizes over $600, you will receive a W-2G form from the Lottery to report your winnings
kerala jackpot lottery result yesterday If you hold a winning ticket of at least $600, it counts the same as if you hit on an in-state lottery Its subject to the same withholding as you write a check to the church for a tithe doesn't mean you are off the hook The Lottery Ticket Whether you have $9 or $900,000 left 164 What Do YOU Think?