These States Won't Tax Your Mega Millions Winnings

does tennessee tax lottery winnings
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Eight states do not tax lottery winnings — but the tax rate on lump-sum or annuity payments varies in the others In other states, the tax rate on lottery

Eight states do not tax lottery winnings — but the tax rate on lump-sum or annuity payments varies in the others In other states, the tax rate on lottery However, Tennessee is among states which do not levy a tax on lottery winnings, meaning you get to keep more of the winnings The only other

lottery ticket checker Which state has the lowest taxes on lottery winnings? Tennessee and New Hampshire tax only interest and dividend income, so Tennessee has the lowest taxes on Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax