tax info for out of staters

Reply #15

smd173 — Wed, 24 Jul 2002 21:29:53 GMT

In fact there are alot of major planets/cities/states found as the name of towns in PA. Moscow, London, Mars, California, Indiana, etc. There are tons.

Reply #14

CASH Only — Wed, 24 Jul 2002 14:54:48 GMT

Reply #13

MrHappy — Wed, 24 Jul 2002 13:26:06 GMT

I suspect New York would still go after you for income tax because you 'didn't pay your fair share' to the other state. Indiana, right next door to me, doesn't have a state tax on lottery winnings, BUT, as they put it on their web site:IF YOU LIVE IN ANOTHER STATE WITH AN INCOME TAX, THAT STATE MAY REQUIRE YOU TO PAY IT AN INCOME TAX. My understanding is that many states have 'income sharing' agreements between states when it comes to cross-border incomes/residences. Now, the real question is:Ca... [ More ]

Reply #12

smd173 — Wed, 24 Jul 2002 13:22:25 GMT

EZ,Thanks for clearing that up. I'm sure you know best considering your recent win.

Reply #11

EZMoney — Wed, 24 Jul 2002 11:09:20 GMT

not sure how the $dough$ is handled but they also pay the 2.8% for pb winnings over $5K. so if you won $100G you still only pay federal.

Reply #10

CASH Only — Wed, 24 Jul 2002 06:28:58 GMT

Jackpot pool money goes directly to MUSL, doesn't it (until the jackpot is hit

Reply #8

EZMoney — Wed, 24 Jul 2002 02:39:16 GMT

close but not quite

Reply #9

EZMoney — Wed, 24 Jul 2002 02:38:57 GMT

there is a 2.8% state tax. the winner just doesnt pay it.

Reply #7

EZMoney — Wed, 24 Jul 2002 02:19:39 GMT

there is a 2.8% pa state lottery tax that is set aside before every drawing. they are sorta paying it for you. so if the cash in thr prize pool is $3M for the jackpot they have already set aside the 2.8% needed to pay state taxes on that $3M. i consider that a tax. they are just distorting the truth.

Reply #6

smd173 — Tue, 23 Jul 2002 23:56:38 GMT

You must have confused it with another state. Here is from the PA Lottery website History page:July 21, 1983, lottery winners no longer required to pay state income tax on their prizes.

Reply #5

Mrcoolsoul — Tue, 23 Jul 2002 23:50:34 GMT

When I first started getting into playing the lottery a couple months ago I checked the FAQ at palottery.com and I am fairly certain it said %2.5

Reply #4

smd173 — Tue, 23 Jul 2002 21:32:51 GMT

Where did you come up with the 2.5% number for PA? There is no state tax on lottery winnings in PA, and the state tax on goods is 6%.

Reply #3

Littleoldlady — Tue, 23 Jul 2002 20:54:43 GMT

If the state that they won in has state tax, their winnings will be taxed by the state in addition to Federal.

Reply #2

Mrcoolsoul — Tue, 23 Jul 2002 20:49:15 GMT

Is it %2.5? I thought it was. But now I read at the PA site that there isnt any state tax

Reply #1

CASH Only — Tue, 23 Jul 2002 20:44:06 GMT

I'm sure he/she still owed NJ income tax, since the win was _not_ through the NJ Lottery.

tax info for out of staters

Mrcoolsoul — Tue, 23 Jul 2002 20:38:43 GMT

The question was raised before asking if someone who lived in New York went and played the lottery in neighboring New Jersey and won would the winner have to pay the state tax in the state they played in or would it be the state the winner actually lives in. I don' know if this helps, but, at the PA lottery website there's a news release about someone who won in PA who is from NJ and in the article it only mentions having to pay the federal tax. No mention of the state(which is %2.5 in PA).Here... [ More ]