Taxes on out of state lottery win?

Reply #10

Just6ntlc — Wed, 12 Sep 2007 18:49:03 GMT

Good thing CA doesn't have a state lottery tax if I win a jackpot.

Reply #9

Bagent — Fri, 07 Sep 2007 19:15:13 GMT

That is the crazy thing about Oregon...there is no sales tax at all, but they want 8% for lottery winnings. Definately drives me crazy at times cuz we pay taxes on our wages from work, then have to pay taxes of winnings that are generated with post tax $. Guess that is why I am a grunt and not a general. HAHA

Reply #8

KY Floyd — Thu, 06 Sep 2007 16:50:53 GMT

I don't know the specifics for Oregon, but it's always a safe bet that a state with an income tax will collect tax on your taxable income, regardless of where it came from. What counts as taxable income will vary from place to place, but unless Oregon exempts lottery winings or all gambling winnings, it will be taxable income. Some states make winnings in their own lotteries exempt, but there's no reason they would make winnings from another state exempt.

As far as notifying Oregon of oyu... [ More ]

Reply #7

TheGameGrl — Thu, 06 Sep 2007 03:35:39 GMT

This is strictly for out of state lottery when won thru the MD lottery.

Out of state players pay the standard 25% (federal) plus 6% to MD. Then ya get to go home to your own state and pay the piper there. My state is PA , so for the Mega Millions it would go as follows:

Jackpot won- 10 million(cash value) Less technically 35% federal, Less 6% to good ole Maryland, Less 3.07% to PA State Rev, Leaving a whopping ONE DOLLAR ( okay its a wee bit more then that, I just like the ONE DOLLAR comme... [ More ]

Reply #6

LuckyLilly — Wed, 05 Sep 2007 23:49:50 GMT

PA and NJ. Sorry, can't find anything for OR. I'd email your state tax commission and ask.

http://www.philly.com/philly/hp/news_update/20070831_Pa__winner_would_keep_less_of__330_million.html

Reply #5

LuckyLilly — Wed, 05 Sep 2007 23:45:53 GMT

Iowans can claim a tax credit if they pay to another state.

http://www.state.ia.us/tax/educate/79102.html

Reply #4

LuckyLilly — Wed, 05 Sep 2007 23:41:42 GMT

If you live in CT you could pay in both states.

http://www.cga.ct.gov/2000/rpt/olr/htm/2000-r-0955.htm

Reply #3

Stack47 — Wed, 05 Sep 2007 23:09:19 GMT

Does Oregon have a state income tax?

If they do, you're probably required to use the same income as on the the Federal form.

Reply #2

Bagent — Wed, 05 Sep 2007 21:39:53 GMT

Thanks for the reply NightTrain. Can anyone else verify this info?

Thanks in advance.

Reply #1

NightTrain1234 — Sat, 01 Sep 2007 16:12:47 GMT

Since you won it in Washington, I would think you would only owe any taxes in that state.

Someone correct me if I'm wrong.

Taxes on out of state lottery win?

Bagent — Sat, 01 Sep 2007 04:22:33 GMT

I am a new member here and I think I saw the answer to my question while I was lurking in the forums, but can't for the life of me find the thread now. So, forgive me for asking the question again.

My question is: Mega Millions is available in Washington State and I live in Oregon (live just across the river). Since Washington doesn't tax lottery wins and according to USA Mega site, Oregon taxes at 8%, how does the cross state taxes apply?

I know that I would have to claim my wi... [ More ]