No sales tax on Mississippi lottery tickets, but winnings will still be taxed

Comment #13

Stack47 — Mon, 04 Mar 2019 01:42:38 GMT

Federal Taxes are on lottery winnings over $600 in every state. Winners are issued a W-2G, taxes are not deducted, and state taxes if any are from the individual state tax form.

Comment #12

Stack47 — Mon, 04 Mar 2019 01:25:53 GMT

There is a problem with crossing the Mississippi border to play lottery games because the western border is the Mississippi River and it borders Alabama in the east. The people living in the northern part of the state can play in Tennessee or cross the bridge into West Memphis and those in the south can play in Louisiana and Florida.

It's pretty amazing how much money lotteries can generate so it's not unheard of that some municipalities and small time politicians to try to get a piece of th... [ More ]

Comment #11

Big Joey — Sun, 03 Mar 2019 18:36:47 GMT

Yes, that's paying taxes on wins starting at $1,200.00 But, not a double whammy of federal, state.

Comment #10

Technut — Sun, 03 Mar 2019 16:18:36 GMT

Big Joey, In Texas the only taxes collected on lottery winnings is federal. Texas has no state income tax.

Comment #9

sully16 — Fri, 01 Mar 2019 00:01:33 GMT

Catch up to the rest of us Mississippi.

Comment #8

Tucker Black — Thu, 28 Feb 2019 21:56:24 GMT

What kind of idiot thinks that lottery tickets would be subject to sales tax? ROFL

Comment #7

Big Joey — Thu, 28 Feb 2019 20:54:11 GMT

Louisiana, Texas lottery claim winners have to pay taxes over anything over $1,200.00

I got $840.00 from a $1,200.00 win once. And, I won $1,000.00 once and didn't have to pay taxes.

Comment #6

noise-gate — Thu, 28 Feb 2019 20:25:10 GMT

Miss legislature's are not idiots. They not setting up a lottery without some reward coming to the State. Sure their citizens have been crossing State lines to play the lottery, and they hope to stem that tide. But thinking that only the convenient stores the lottery itself would reap the benefits is being shortsighted to say the least. The question is, do neighboring States have State taxes on lottery winnings or not, if not, the border crossing may continue.

Comment #5

DELotteryPlyr — Thu, 28 Feb 2019 20:16:46 GMT

I bet he was thinking this - player buys a $1 ticket, has to put $2 in, gets a voucher from machine for .99cents that they have to take to the cashier to get the change....

STUPID politicians

Comment #4

Big Joey — Thu, 28 Feb 2019 20:15:29 GMT

A lottery ticket is not merchandise, and cannot be taxed.

Comment #3

Coin Toss — Thu, 28 Feb 2019 18:53:18 GMT

From the OP;

This is a blow to Jackson, where Mayor Chokwe Antar Lumumba had been counting on lottery ticket revenue from a 1-cent sales tax in the city tacked on to the 7-cent state sales tax.

Anyone this ignorant about lotteries shouldn't ba allowed to have anything to do with them.

Yo there, Mr. Mayor........If your state gets a lottery they will get lotto machines, have you ever seen a lotto machine that takes paper currency and coins?

Despite Mississippi's efforts to get the... [ More ]

Comment #2

Bleudog101 — Thu, 28 Feb 2019 18:09:10 GMT

Glad somebody has some common sense there. Never paid a 'sales tax' on a lottery anywhere I've played and that's a lot of states. Imagine paying 7% of a $3 ticket? Ridiculous.

Comment #1

music* — Thu, 28 Feb 2019 17:02:15 GMT

Like the Beatles song, The Taxman. Uncle Sam is everywhere. Why can't the States give us players a break. I get a break here in California. The highest tax rate here is 13%. I do not have to pay that. It feels good.

Thank You Voters, Legislature, and Governor for not taxing any lottery winnings.

I noticed that the Icons are down. Is Todd improving them or is it my computer

No sales tax on Mississippi lottery tickets, but winnings will still be taxed

Lottery Post — Thu, 28 Feb 2019 16:34:50 GMT

The Mississippi Legislature is expected to pass a measure clarifying that tickets for state's soon to be rolling lottery are exempt from sales taxes.

But the state tax man will still get his cut on lottery winnings in Mississippi: They will be taxed as income, at the same scaled rate of 3 percent to 5 percent as any other income.

This is a blow to Jackson, where Mayor Chokwe Antar Lumumba had been counting on lottery ticket revenue from a 1-cent sales tax in the city tacked on to the 7-cen... [ More ]