Frequently Asked Questions - Wisconsin Lottery
Do I have to pay taxes on my winnings?
- Yes. All prize winnings are subject to federal and state income tax withholding.
- State tax of 7.65% is automatically taken out for payouts $2,000 or more.
- Payouts $5,001 or more have state tax of 7.65% and federal tax of 24% automatically withheld.
See all Frequently Asked Questions for the Wisconsin Lottery.