States That Won't Tax Your Powerball Winnings

There are no specific sales tax provisions regarding lotteries or gambling in Michigan, but since the sales and use taxes are levied on the retail sale of

While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding

is it better to play one slot machine or move around However, the good tax news for some is that eight states currently don't tax lottery winnings But remember, these states still have to

is lottery a scam While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding