Lottery Statistics and Revenue by State

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Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

That leaves 25 cents available for state funds, including the Common School Fund In FY 2021, the Illinois State Lottery generated $ billion in revenue  When choosing how to handle your lottery winnings, it's key to reflect on your own ability to manage money, Orman, personal finance expert

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