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Lottery Winner In Kansas Could Boost States Income Tax

KSCB News - April 18, 2012 8:09 am

The Kansas resident who won a share of a

$656 million multi-state lottery jackpot last month could provide a

bump of nearly $8 million in state income tax collections.

Kansas Public Radio reports that the tax

the anonymous resident will pay has already been added to the

revenue estimate that lawmakers are using in writing a new state

budget.

The Kansas resident held one of three winning tickets sold

around the country for the March 30 drawing of the Mega Millions

game. The individual took a one-time cash payment of nearly $158

million, worth about $110 million after all taxes are paid.

 

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