Ads
related to: lottery winnings by state
Search results
Results From The WOW.Com Content Network
€38.4 million (US$49.7 million) was the largest jackpot in the Netherlands draw of the Staatsloterij (State Lottery) in May 2013. €30,009,676 (US$31 million) was the largest jackpot in France's SuperLoto, won in May 2006 by two tickets.
Arizona. Prize: $410M. Game: Mega Millions. Get the Story: The first Mega Millions win in the state is also the biggest jackpot win ever in Arizona.
State lotteries have become a significant source of revenue for states, raising $17.6 billion in profits for state budgets in the 2009 fiscal year (FY) with 11 states collecting more revenue from their state lottery than from their state corporate income tax during FY2009. [10] Lottery policies within states can have conflicting goals. [11]
Largest Jackpot: $363 Million, (two-state lottery win shared with Illinois, 2000) Prizes Paid: $1.4 billion. Ticket Sales: $2.38 billion. State Profit From Sales: $702 million. Government Use: K ...
The record $2 billion Powerball jackpot made news, and not for the exorbitant prize or the extremely low odds of winning -- about 1 in 292.2 million. Early Tuesday, Nov. 8, while lottery players...
Powerball winnings in California are subject to federal income tax only. Conversely, Powerball winnings in Puerto Rico are not subject to federal income tax, only local tax. There is no state income tax in Florida, South Dakota, Texas, Washington and Wyoming, and only on interest and dividends in New Hampshire and Tennessee. In all other states ...
The tipster told Estes that something weird was happening with the lottery, and that she should find a copy of the 20/20—a record of players who had won at least 20 times and $20,000 over the previous year. The Massachusetts State Lottery circulated this list to state agencies, in case someone on it wasn’t paying taxes or child support.
For the official word on lottery winnings and your federal and state taxes, double check the gambling income rules laid out at IRS.gov, your state taxing authority and contact a CPA or tax ...