Keyword Analysis & Research: nj lottery results

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Can lottery winners remain anonymous in New Jersey?

New Jersey residents could claim their lottery winnings anonymously, avoiding would-be moochers and long-lost family, if a bill in the state Senate makes it all the way into law. The bill, S-2267, would amend the state's lottery regulations and allow lottery winners to claim their prize and remain anonymous indefinitely.

What is the tax on lottery winnings in New Jersey?

New Jersey taxes lottery winnings on a sliding scale that peaks at 10.8 percent. On the federal level, the winnings are taxed as ordinary income. The federal rate for income of more than $406,750 for a single person is 39.6 percent.


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