Do I Have to Pay Taxes on Lottery Winnings?
You can't cut down your gambling winnings with your losses, either But you can deduct losses up to the winning amount on your tax return
SSA - Gambling Winnings, Lottery Winnings and Other Prizes can you claim lottery losses on taxes
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Generally, you cannot deduct gambling losses that are more than your winnings We do not tax California Lottery or Mega millions Visit
can you claim losing lottery tickets on your taxes Although you can claim gambling losses to the extent of gambling winnings, you losses on Schedule A as a miscellaneous itemized deduction
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