If you win any prize money from the Indiana Hoosier Lottery Commission, either by winning an instant game, from appearing on the Hoosier Millionaire show, or an on-line game such as Hoosier Lotto, Powerball, Lucky 5, Daily 3 and 4, Max 5, etc., you must report those winnings as income on your federal income tax

Exception: Annuity payments received for drawings held before July 1, 2002, are exempt from Indiana tax.

We will calculate your deduction based on your answer.

Note: Winnings from other state lotteries, Indiana pari-mutuel horse races or out-of-state tracks, Indiana or out-of-state riverboats, and other gambling winnings, are fully taxable in Indiana and should not be deducted from your taxable income.

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