Laws for out of state winners..

Reply #10

Slick Nick — Sun, 01 Dec 2013 10:53:45 GMT

Thank you GR.

Reply #9

Toronto — Sun, 01 Dec 2013 07:49:48 GMT

Also to add, PA does actually assess a (relatively low) income tax on non-residents who win the state's lottery - it's only 0% for residents.

Further, if say you buy in a lower-tax state and win in the early part of the year, but live in a higher-tax state, you could theoretically move to the lower-tax state (or even a no-tax state) during the year to minimize your tax burden. Most states only require taxes paid if your residency in the state was 182-184 days.

If you read about some of the... [ More ]

Reply #8

grwurston — Sun, 01 Dec 2013 07:16:00 GMT

If you click on USA MEGA on the left side under quick links, and then click on the FAQ's they explain the tax rates etc.

Reply #7

KY Floyd — Sun, 01 Dec 2013 06:38:57 GMT

The reciprocity agreements only mean that you don't pay any more in taxes than you would by winning in the state with the higher tax rate. The only question is if you pay it all to one state or split it between the two.

Whatever state sells the ticket assesses income tax based on your income from the ticket. If the tax rate in that state is lower than in your state of residence, then your home state will tax you on the difference. For example, if you win in a state with a 5% tax and your home... [ More ]

Reply #6

Slick Nick — Sat, 30 Nov 2013 21:36:32 GMT

Thanks for responding.

Reply #5

Slick Nick — Sat, 30 Nov 2013 21:36:10 GMT

Thanks for responding

Reply #4

RJOh — Sat, 30 Nov 2013 20:54:26 GMT

Winning a major lottery jackpot have a different set of rules. Even cities and county have gotten into the act by taxing winning tickets brought in their area.

Reply #3

HoLeeKau — Sat, 30 Nov 2013 20:34:56 GMT

Many, if not most, states have reciprocity with neighboring states, so you only have to pay taxes to one state.

Reply #2

Slick Nick — Sat, 30 Nov 2013 12:38:41 GMT

Thanks Bee, that makes sense! Have a great day...

Reply #1

billionaire2bee — Sat, 30 Nov 2013 12:36:42 GMT

NO problems just you gotta pay taxes in both states the one you live in and also the one you won in

Laws for out of state winners..

Slick Nick — Sat, 30 Nov 2013 12:27:45 GMT

LP members, I have heard conflcting stories about this and want to hear what you've heard. If a number player lives in New York, and plays the Lotto, the Mega, or the Powerball in another state and he or she wins, are there any problems with residency and making their claims for the jackpot