Does Winning the Lottery Affect Social Security Benefits?

does lottery winnings affect social security
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SSI payments are reduced by income, both earned and unearned Gambling, lottery winnings and prizes are concerned unearned income If you win

does kroger sell lottery tickets The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes

does publix sell lottery tickets Yes, it's true Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as