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Spokane, Washington  Est. May 19, 1883

Eye On Boise

Idaho hit the lottery jackpot, too

Sen. Dean Cameron, R-Rupert, center, addresses the AP Legislative Preview in Boise on Thursday; at right is Rep. Dennis Lake, R-Blackfoot (Betsy Russell)
Sen. Dean Cameron, R-Rupert, center, addresses the AP Legislative Preview in Boise on Thursday; at right is Rep. Dennis Lake, R-Blackfoot (Betsy Russell)

When an as-yet unnamed person bought a winning Mega Millions lottery ticket in Post Falls, that winner not only hit a $190 million jackpot - he or she triggered a jackpot for the state, too, House Tax Chairman Dennis Lake noted. That's because lottery winnings are taxable under Idaho's state income tax. "That's going to be about $15 million that we'll see in a windfall for the state," Lake said, turning to Senate Finance Chairman Dean Cameron, "Dean, spend it wisely," he said.

The $15 million is the taxes due on $190 million. If the winner opted for the lump-sum payout of $120 million, Idaho state income taxes would be a little over $9 million.
  



Betsy Z. Russell
Betsy Z. Russell joined The Spokesman-Review in 1991. She currently is a reporter in the Boise Bureau covering Idaho state government and politics, and other news from Idaho's state capital.

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