The winner of 175.000

Reply #3

four4me — Tue, 20 Jul 2004 04:13:05 GMT

All D.C. Lottery prizes claimed by District residents are subject to federal and District income taxes. D.C. Lottery prizes paid to residents of other jurisdictions are subject to federal income taxes and to state and local taxes depending on the requirements of that jurisdiction. D.C. Lottery reports winnings of $600 or more to the Internal Revenue Service.For winnings of more than $5,000, the D.C. Lottery withholds 25 percent for federal taxes in accordance with federal regulations. A deductio... [ More ]

Reply #2

RJOh — Tue, 20 Jul 2004 03:49:48 GMT

Lottery winnings are taxed as regular income. Some local communities don't tax pensions, interest and lottery income, at least the one that I live in do not. Check your federal return instructions to figure out what you would owe if you earned $175,000.00.RJOh

Reply #1

MetroPlex — Tue, 20 Jul 2004 03:40:04 GMT

You will have state tax/local

The winner of 175.000

pinkhearts — Tue, 20 Jul 2004 03:36:02 GMT

Hey everyone,