do we have to pay any tax if win small?

Reply #8

MADDOG10 — Tue, 23 Nov 2004 02:45:28 GMT

no state tax on lottery in n.j. !!!!!!!!!!!! play on.

Reply #7

JimmySand9 — Tue, 23 Nov 2004 02:40:53 GMT

Quote: Originally posted by Justin on November 22, 2004No tax on pick 3Just make sure you dont have over the states limit ($599) on one single ticketIf you play in New Jersey, you might have to pay tax. Their game is pari-mutuel in the best way. Sometimes the payout reaches $800.

Reply #6

camden2004 — Tue, 23 Nov 2004 01:11:07 GMT

I dunno, Uncle Sam Hand is ALWAYS out.

Reply #5

KyMystikal — Mon, 22 Nov 2004 16:20:49 GMT

If you do win enough to have to pay taxes, just save your losing tickets to write off some of the winnings when you itemize your taxes.

Reply #4

gameboy — Mon, 22 Nov 2004 15:35:13 GMT

very cool...thanks guys

Reply #3

four4me — Mon, 22 Nov 2004 07:09:26 GMT

If your only playing 50/50 no big deal if your playing for more get seperate tickets.

Reply #2

LOTTOMIKE — Mon, 22 Nov 2004 07:02:32 GMT

and if you have two winning tickets that hit straight cash them at seperate stores and you bypass any taxes......

Reply #1

Justin — Mon, 22 Nov 2004 06:57:02 GMT

No tax on pick 3Just make sure you dont have over the states limit ($599) on one single ticket

do we have to pay any tax if win small?

gameboy — Mon, 22 Nov 2004 06:39:10 GMT

hi guys,I like to play small and win small, but wonder if there is any tax if we win small?here is the winning amount for pick 3, if there is tax, I will not play...that is bad!http://www.illinoislottery.com/subsections/win.htm#p3