Indiana State Lottery Winnings
Some winnings issued by the Hoosier Lottery Commission may be taxed by Indiana.
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.