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June 10, 2022


Hi, Dave. You are correct that withholdings apply to lottery winnings for prizes of more than $600. As you have described, you do have the option of purchasing plays on separate tickets. Having said that, all gambling winnings should be reported for tax purposes, so that is something that each person can discuss with their tax advisor or attorney.

the thing that is crap is if it's a pick 3 ticket you can win 350 dollars on a draw and if it's multi draw and you hit again for 350 it's a 700 dollar ticket you have to pay taxes on. That's bullcrap since you only won 350 twice and not 700 all at once. It has to be 600 to pay taxes and it's 2 different 350 dollar winners. That's not right!

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