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What US States Really Do With Lottery MoneyLotteries have been a part of American life since 1612, starting with the Jamestown Lottery to help fund important projects for the colonies. Today, they similarly help states earn money for ...
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FourStatesHomepage.com on MSNHow does your state spend its lottery earnings?Lottery tickets are purchased every day across the Four States, but those who purchase the tickets may not be aware of how ...
However, the good tax news for some is that eight U.S. states currently don’t tax lottery winnings. But remember, these states still have to withhold federal taxes from your prize. Here they are.
Americans shelled out nearly $97.8 billion on state lottery tickets in 2022. That earned a prize payout of $65.2 billion, but that's not evenly distributed among the millions of bettors estimated ...
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