Are gamblinglottery winnings subject to Michigan individual income

michigan lottery tax
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Michigan Lottery prizes are subject to federal, state, and local income taxes You may be required to make estimated tax payments by filing a form 1040ES

If you've won a Michigan Lottery prize worth less than $600 you can claim the winnings at any authorized retailer in the state Simply take your ticket to the Currently, the Michigan Lottery withholds federal taxes at 24% and state taxes at % on winnings over $5,000 For prizes greater than $600 up

nascar slot cars Are you allowed to buy lottery tickets? Is the lottery just a tax on poorstupid people? Under Michigan law, players who win more than $10,000 playing state-only games can remain anonymous, but that's not the case for multi-state