DOR Wisconsin Lottery and Gaming Credit Program

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If you want to run the numbers and see the fine print, you can use the Powerball Taxes Calculator to learn more 5 investments that make lottery

How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22 Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

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