Documentary serves as love poem to Alabama Â». Here's a new documentary series with a big goal: bridging the gap between people. Filmmaker Jennifer Crandall traveled hundreds of miles to capture the essence of America as people across Alabama bring Song of Myself by poet Walt Whitman to life. We call it Whitman, Alabama. Join us.
How to Deduct Lottery Ticket Purchases on Income Tax. There's nothing more fun than winning when you gamble, especially if you win the lottery. Of course, for the millions of people who fail to accomplish this, there is the consolation of a potential tax deduction.
While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding tax. In other words, if one person wins the jackpot and chooses the $389 million lump sum payment, $97 million will go straight to the IRS.he same is true at the state level. While lottery winnings are subject to state income tax in most states, withholding tax varies from zero (California, Delaware, Pennsylvania, and the states with no state income tax) to over 12 percent in New York City (see Table 1).