Special tax on lottery prizes and betting

New York stAte LotterY wiNNers whAt Are mY tAx respoNsibiLities For lottery winnings taxable Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no lottery sambad 29 3 24 1pm Who must pay Maryland income taxes on their winnings? Anyone who receives winnings from lottery games, racetrack betting or gambling must pay income tax

lottery result w774 Report your full amount of gambling winnings on Individual Income Tax Return 4 Report your losses on Itemized Deductions,