|Posted: September 21, 2005, 9:46 pm - IP Logged|
I recently went on a trip from Michigan to Illinois. On the way I went through Wisconsin and of course the Powerball jackpot was over $100 million so I bought some tickets (and was able to play PowerPlay finally!!!) If I win over $600 do I have to pay taxes in both Wisconsin and Michigan? Does anyone know? Lets say I win the jackpot, that is a huge amount. I believe I only have to pay the money to the state I live in. (Michigan only has a 3.9% tax rate) Anyone know? Thanks!