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Oct
25
How much taxes will be taken out of $888 dollar lotto ticket in NY state?
Filed Under (United States) by admin
Chef Billiardini asked:


Ok, I just won $888 dollars on the New York lotto “Straight Eights” scratchoff game. I am wondering about how much to expect be taken out in taxes. Also, I am wondering if I’m better off giving them my social security # and claiming the taxes on income tax or just having them take the taxes out right there.

Ernest
Oct
13
What should I tell the cashier when I buy my next lotto ticket, cash or annuity?
Filed Under (United States) by admin
lightning_thunderwolf asked:


Would it be best to take a lump sum payment or take it over a long term for a lotto player that is in his 30s?

Philip