Do you have to claim lottery winnings as income when you file your taxes?
Asked by: megan
There is an ongoing debate in my ‘office pool’ regarding the lottery.
If we were to win and took a lump sum; at the end of the year, would we have to claim money won as income when we filed our taxes, even though we already paid taxes when we won?
How others found here:
- do i have to claim lottery winnings on my taxes
- did judy hoibak winnlottery
- do i claim lotto win prize if taxes were already withheld