How long to save losing lottery tickets?

website can you claim losing lottery tickets on your taxes Lottery winnings are subject to withholding as well as to federal and sometimes state taxes If you win big, plan for the taxes ahead of canada lottery tax If you won more than $600 · Authorized Cashing Agent or Super Cashing Agent · Click here to find retailers who can cash tickets up to $5000 in your area

can you claim losing lottery tickets on your taxes Because even if you were to win a fraction of the jackpot, you can deduct a certain amount of the money you spent to win the cash prize–on your  You are not permitted to set off any losses If you have any casual loss instead of income, the amount will not be subtracted from any of your  To claim a winning ticket with a value larger than $600, you must present proof of your Social Security number or Federal Tax ID number and a photo ID to prove

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