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Are second prizes of one million in megamillions lottery tax free?

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  • Are second prizes of one million in megamillions lottery tax free?


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Answer #1 | 23/12 2013 05:12
NO lottery prizes are tax free.
Answer #2 | 23/12 2013 05:29
NO way at all would any of the amounts from any lottery winnings would ever be free of the INCOME tax on the winnings amount for each tax year that they would be received in for that tax year. Hope that you find the above enclosed information useful. 12/23/2013
Answer #3 | 23/12 2013 05:27
Of course not.
Answer #4 | 23/12 2013 05:59
Legally every winning ticket is taxable, even $1 ones.
Answer #5 | 23/12 2013 08:31
no
Answer #6 | 24/12 2013 00:15
all lottery winnings are taxable.
Answer #7 | 23/12 2013 21:36
No.

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