Taxation of Distribution of Lottery Tickets under GST

can you claim lottery tickets on your taxes
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If your losses were greater than your winnings, you cannot report the negative figure on your New Jersey tax return You must claim zero income

All winners of prizes of more than $600 will receive a Federal Form W2-G from the Iowa Lottery This form will show the prize won and all tax withheld This If your losses were greater than your winnings, you cannot report the negative figure on your New Jersey tax return You must claim zero income

lady luck lottery If $600 or more is won on a single wager, the Lottery is required to report those winnings to the IRS The Lottery is not qualified to give advice on matters All winners of prizes of more than $600 will receive a Federal Form W2-G from the Iowa Lottery This form will show the prize won and all tax withheld This