NJ lottery made $ billion in sales Where does the money go?

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The specific lottery systems differ in each state, but each state donates a percentage of the revenue generated from ticket sales to their own When it comes to federal taxes, lottery winnings are taxed according to the federal tax brackets Therefore, you won't pay the same tax rate on the entire

slot rocket Where Does the Illinois State Lottery Money Go? In its history, most of the revenue from the Illinois State Lottery, 65 cents of each $1, goes to prizes  The lottery is very intentionally run as a business by states State lotteries are not subject to oversight from any agency or legislature or