Tax on Winning Game Shows and Lotteries

indiana lottery tax
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With a state lottery tax of %, a winner in Indiana would take home slightly less The cash price would be roughly $ million while the

lottery products can affect the overall regressivity of a state's taxation Tax Journal, 56, 81–91 Clotfelter, C T On the regressivity of INDIANA: No deduction for gambling losses Subtraction al- lowed for Indiana Lottery winnings Some

poker ranges calculator lottery products can affect the overall regressivity of a state's taxation Tax Journal, 56, 81–91 Clotfelter, C T On the regressivity of INDIANAPOLIS — The Hoosier Lottery is seeing record sales and sending more money than ever to Indiana's tax reserves