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To: crz

Just curious.

If I win, can I quick-quick buy a single-wide in Ooltewah and change my tax home to TN to A) get my winnings and B) avoid state income tax?


19 posted on 06/17/2017 1:17:54 AM PDT by Boojum
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To: Boojum

No. I’ve asked my wife that exact question, and she’s a tax accountant. One of her partners has a lottery winner client, or did.


20 posted on 06/17/2017 1:37:57 AM PDT by FreedomPoster (Islam delenda est)
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To: Boojum

Nope. You pay taxes in the state where you bought the ticket.


30 posted on 06/17/2017 6:46:25 AM PDT by crz
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To: Boojum

All lottery rules state, that you have to pay taxes in the state you won tha lottery in and if you live in another state you still have to pay the taxes in that state too. Now if you won in Indiana and live in Illinois, you might want to move to Indiana, they have no state income tax. How ever I’m sure someone will know that the date of the lottery drawing and your move date was after the drawing might be a red flag.


31 posted on 06/17/2017 6:47:39 AM PDT by Beave Meister (Leave the gun. Take the cannoli....)
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