In Reply to: Actually, I have no idea,,, but I thought there was a stiff tax if you win anything. posted by oscar on January 16, 2008 at 13:09:35:
I just figured it was considered income. I don't really know, since I never win anything.
Jack
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Follow Ups
- RE: Actually, I have no idea,,, but I thought there was a stiff tax if you win anything. - Jack G 13:42:03 01/16/08 (2)
- Maybe it's the multimillion dollar lotteries which puts you in the 50% tax bracket. - oscar 14:05:00 01/16/08 (1)
- Yep, that's the ticket (pun intended)! ;0) - Audiophilander 11:08:39 01/17/08 (0)