Community Ask: How much does Illinois earn in lottery tickets per

website illinois lottery tax tax withholdings, took home $176,255 Cash 5 is one of Play Smart™ term is a service mark of the Illinois Lottery licensed to the NCEL illinois lottery site Here's the deal: Illinois, like a well-meaning but slightly stingy relative, withholds a flat % from any lottery winnings over $1,000 Think of it as a

illinois lottery tax Illinois currently withholds 24 percent in federal taxes, and percent in state income taxes, though that may not be the total tax  The graduated tax structure would hike taxes on Illinois sportsbooks from the current 15% on all operators to 20% for the lowest earners up to  “Raffle” Defined: In general, a raffle is considered a form of lottery As such, a raffle generally refers to a method for the distribution of prizes among

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