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State Tax

Topic closed. 21 replies. Last post 7 years ago by BaristaExpress.

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Florida
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May 3, 2010
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Posted: May 30, 2010, 4:43 pm - IP Logged

Does one still have to pay the state tax on the winning if he/she is resident of another state?

Example: Resident of Florida (has no income tax - in this case, tax on lottery winnings) buys a winning powerball ticket in North Carolina while on vacation.

 

 

Thanks.

    sully16's avatar - sharan
    Ringleader
    Michigan
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    Member #81740
    October 28, 2009
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    Posted: May 30, 2010, 4:45 pm - IP Logged

    You have to cash that ticket in the state where you bought it, and adhere to the laws of that state. each state is different.

    Did you exchange a walk on part in the war ?

    For a lead role in a cage?

     

                                                From Pink Floyd's " Wish you were here"

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      Florida
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      May 3, 2010
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      Posted: May 30, 2010, 5:18 pm - IP Logged

      i understand that you would have to "cash" it in NC. however doesnt the tax apply to the residents of the state?

      for example if im a florida resident, it wouldnt make sense to pay tax to nc.

        sully16's avatar - sharan
        Ringleader
        Michigan
        United States
        Member #81740
        October 28, 2009
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        Posted: May 30, 2010, 5:55 pm - IP Logged

        Most states take their cut right off the top. they don't care where you live.

        Did you exchange a walk on part in the war ?

        For a lead role in a cage?

         

                                                    From Pink Floyd's " Wish you were here"


          United States
          Member #75358
          June 1, 2009
          5345 Posts
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          Posted: May 30, 2010, 6:05 pm - IP Logged

          Does one still have to pay the state tax on the winning if he/she is resident of another state?

          Example: Resident of Florida (has no income tax - in this case, tax on lottery winnings) buys a winning powerball ticket in North Carolina while on vacation.

           

           

          Thanks.

          Florida has no income tax? Really? So who's been deducting from my check all these years. I better start an investigation.

            tiggs95's avatar - Lottery-036.jpg

            United States
            Member #47420
            November 4, 2006
            3930 Posts
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            Posted: May 30, 2010, 6:08 pm - IP Logged

            i understand that you would have to "cash" it in NC. however doesnt the tax apply to the residents of the state?

            for example if im a florida resident, it wouldnt make sense to pay tax to nc.

            You buy a lottery ticket in a state you don't live in you have to play by the states rules..

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              Posted: May 30, 2010, 6:46 pm - IP Logged

              You have to pay Federal Income Tax.  Florida has no STATE income tax


                United States
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                Posted: May 30, 2010, 6:53 pm - IP Logged

                You have to pay Federal Income Tax.  Florida has no STATE income tax

                 For those who thought I was serious......I know that. I've lived in Florida for 11 years now. I was joking.

                 

                  rdgrnr's avatar - walt
                  Way back up in them dadgum hills, son!
                  United States
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                  Posted: May 30, 2010, 7:04 pm - IP Logged

                  There's no state tax in Tennessee AND our legislature just overrode our democrat Governor's veto of a bill affirming our God-given right to carry our guns in saloons.

                  Yeeeeeeeeeeee haaaaaaaaaaaaaa!


                                                               
                                       
                                                           

                   

                   

                   

                   

                                                                                                                     

                  "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                              --Edmund Burke

                   

                   

                    BaristaExpress's avatar - BaristaExpressMX zpsfb0d8b5d.png
                    Magnolia, Delaware
                    United States
                    Member #18795
                    July 20, 2005
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                    Posted: May 30, 2010, 7:17 pm - IP Logged

                    Does one still have to pay the state tax on the winning if he/she is resident of another state?

                    Example: Resident of Florida (has no income tax - in this case, tax on lottery winnings) buys a winning powerball ticket in North Carolina while on vacation.

                     

                     

                    Thanks.

                    Yes, you are going to pay that states income tax until you file the Non-resident state income tax form in the state to get 99% of the money back that they took from you off the top when you made your claim to the winnings! Yes, anyone who has money withheld from them for state income tax and they are a non resident of that state is entitled to 99% of the money back from that state that did the withholding!

                    Keep dreaming the impossible dream, it just may come true! Thumbs Up

                      rdgrnr's avatar - walt
                      Way back up in them dadgum hills, son!
                      United States
                      Member #73904
                      April 28, 2009
                      14903 Posts
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                      Posted: May 30, 2010, 7:30 pm - IP Logged

                      Yes, you are going to pay that states income tax until you file the Non-resident state income tax form in the state to get 99% of the money back that they took from you off the top when you made your claim to the winnings! Yes, anyone who has money withheld from them for state income tax and they are a non resident of that state is entitled to 99% of the money back from that state that did the withholding!

                      Never heard of that but it sure is good to know because I play out of state everyday. Thanks BE.


                                                                   
                                           
                                                               

                       

                       

                       

                       

                                                                                                                         

                      "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                  --Edmund Burke

                       

                       

                        tiggs95's avatar - Lottery-036.jpg

                        United States
                        Member #47420
                        November 4, 2006
                        3930 Posts
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                        Posted: May 30, 2010, 7:33 pm - IP Logged

                        There's no state tax in Tennessee AND our legislature just overrode our democrat Governor's veto of a bill affirming our God-given right to carry our guns in saloons.

                        Yeeeeeeeeeeee haaaaaaaaaaaaaa!

                        From what tiggs has read in your post's ridge it don't matter if there's a state tax where you live cause nobody ever wins..Tn is fixed by what tiggs reads..????

                          tiggs95's avatar - Lottery-036.jpg

                          United States
                          Member #47420
                          November 4, 2006
                          3930 Posts
                          Offline
                          Posted: May 30, 2010, 7:36 pm - IP Logged

                          Yes, you are going to pay that states income tax until you file the Non-resident state income tax form in the state to get 99% of the money back that they took from you off the top when you made your claim to the winnings! Yes, anyone who has money withheld from them for state income tax and they are a non resident of that state is entitled to 99% of the money back from that state that did the withholding!

                          This tiggs has to see to believe..Dems in power will fix that law,NOW...

                            rdgrnr's avatar - walt
                            Way back up in them dadgum hills, son!
                            United States
                            Member #73904
                            April 28, 2009
                            14903 Posts
                            Offline
                            Posted: May 30, 2010, 7:40 pm - IP Logged

                            From what tiggs has read in your post's ridge it don't matter if there's a state tax where you live cause nobody ever wins..Tn is fixed by what tiggs reads..????

                            I was talkin about state income tax tiggs, and the right to shoot out the lights in a saloon.

                            On being fixed, I have full faith in PB and MM because TN doesn't pick the numbers with their computers.

                            I don't trust TN's computer generated games and rarely play them. I go to VA mostly.


                                                                         
                                                 
                                                                     

                             

                             

                             

                             

                                                                                                                               

                            "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                        --Edmund Burke

                             

                             

                              sully16's avatar - sharan
                              Ringleader
                              Michigan
                              United States
                              Member #81740
                              October 28, 2009
                              40376 Posts
                              Offline
                              Posted: May 30, 2010, 7:42 pm - IP Logged

                              This tiggs has to see to believe..Dems in power will fix that law,NOW...

                              shhhh lets keep a secret...they are to busy supporting each other...tee hee. maybe I'll go to Ohio and buy my tickets.

                              Did you exchange a walk on part in the war ?

                              For a lead role in a cage?

                               

                                                                          From Pink Floyd's " Wish you were here"