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news blog > article

‘Taxes Paid’ on top prizes up to $1 million

March 29, 2017 Posted by NC Lottery at 3:59 PM
image-photo

There’s nothing like winning. And it’s even better when the taxes are paid. That’s what the new suite of Taxes Paid instant games is all about: You win a top prize, we pay the taxes.

Besides the chance to win a prize by matching one of your numbers to any of the winning numbers, the games also feature instant win symbols. A “Double Moneybags” symbol wins double the prize shown. And on the $5 and $10 tickets a “Money Roll” symbol wins all the prizes shown.

- The $10 game starts with four top prizes of $1 million.
- The $5 game starts with five top prizes of $200,000.
- The $2 game starts with six top prizes of $50,000.
- And the $1 game starts with 10 top prizes of $10,000.

Our advice to top prize winners on Taxes Paid tickets is the same as it is for anyone who has a big win: Talk to a tax expert. Best to find out how everything fits together on the front end so there’s no surprise next April.

Be on the look-out for the new tickets in stores for First Tuesday. And good luck!



35 COMMENTS

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4/03/2017 09:57 - Linda G.

Excited about these tickets.Want to win big one time.

4/01/2017 03:17 - Debbie H.

Hope we have a winner here in Robeson County and I hope it wil be me. I hope we all win. Do you pick the winners from the scratch off or the draw tickets or both? Which is the best way draw or scratch? I have entered thousands but I know that it only takes one to win.

3/31/2017 11:18 - Linda S.

Looking forward to the new game. Hope we have a winner in Carteret County. Good luck everyone.

3/30/2017 08:48 - William D.

Prepare yourself by keeping records on all your losses & wins, as I do every year. I believe I will win a big one and I am READDDDDDy. Good luck everyone and I am in it to win. Yaaaaa for taxes paid will try some of them.

3/30/2017 03:38 - Denver G.

- The $10 game starts with four top prizes of $1 million. - The $5 game starts with five top prizes of $200,000. - The $2 game starts with six top prizes of $50,000. - And the $1 game starts with 10 top prizes of $10,000.****** That paragraph says it all. Only 25 winners will win a "tax free" jackpot. As tempting as the name of the new suite of tickets seems, I will pass on these. Go Tar Heels !!!! NC Lottery
Ah, but still 25 more chances to win a taxes paid prize than you had without the game suite! But that's why we launch new instant games every First Tuesday, we want there to be a little something for everyone who plays :)

3/30/2017 02:58 - Denver G.

To NCTEACH, not only do we play from the same game book, we are on the same page.........

3/30/2017 01:51 - Charlene W.

I paid all my taxes up already every time I buy a losing tic which is 100% of the time .More blessings to Raleigh, Greensboro ,Charlotte, mountains anywhere but my land ,I'm guessing since these new tics are "tax free"then it will actually more losing ones ,this whole lotto is rigged and the ones losing are making the winners rich . NC Lottery
It's not easier to win the lottery in one of those places. The lottery does not keep its profits. We paid out $1.5 billion in prizes last year and raised $634 million for education. It always takes luck to win a prize on a lottery ticket, big or small. The lottery's practices are independently audited and reviewed to ensure fairness to all players. We want our players to have fun and enjoy playing the lottery. But if it stops being fun, it might be a good time to take a break.

3/30/2017 12:44 - Katheryn L.

I am claiming this WIN!!

3/30/2017 12:28 - Gregory F.

If a person wins any amount other than the top prize, is it also tax free? NC Lottery
Only top prizes are taxes paid.

3/30/2017 12:08 - William D.

so if you win the million, will it be a 20 year payout? Or. Do we get the whole Million at one time? NC Lottery
There is no annuity option. If you win the top prize of $1 million on the $10 ticket, then you walk away with a $1 million check. That's one of the best features about this game :)

3/30/2017 10:56 - Robin M.

One last thing! For everyone. How I play the lottery. I call this Make a Plan and Make it Work! #1. I set a budget and never exceed it. #2. If I win, I roll that money over to additional purchases. #3. If I lose, I subtract my loss from my budget. REGARDLESS of the game or Grand Prize, I always stick to my budget. It takes discipline, but you won't regret it. Good luck and stick to your plan.

3/30/2017 10:38 - Robin M.

A while back I played Cash 5 when it was around $167,000. Not only did I miss the grand prize by one number, l literally missed it by one number. The 3rd number was 23 and mine was 24. I've never hit the grand prize and this is as close as I've gotten in 30 years. *I used to drive to SC to pick up tickets. Overall I've probably broken even so it's been an exciting adventure to try and hit the big one. Keep trying and don't forget to budget.

3/30/2017 10:17 - April H.

I agree, playersaid. Your woods are probably my woods too. I have researched the winners history and no one from my town has ever won. The closest is about 70 miles away..... but we keep playing, don't we?

3/30/2017 10:16 - Mohamed M.

goodluck everyone.

3/30/2017 08:55 - Angela C.

Keep trying and you will winner never Give up but loser will cause it Easy!!!! That why you till your kids Hard work pay off!!!!

3/30/2017 08:21 - Jerry C.

Awesome !!!

3/30/2017 06:52 - W. Lorraine O.

Yes I am way past ready to win a 'big' one... having fun....

3/30/2017 05:39 - daniel s.

I would love to see my name in the winner names

3/30/2017 12:18 - Elsie S.

got it

3/29/2017 11:49 - Charlene W.

There is nothing around these neck of the woods never has been

3/29/2017 10:42 - Phyllis R.

That's GREAT! SOUNDS GOOD! If only I can win one. I am still praying and wishing. Good LUCK everyone! SOS I love those FIRST TUESDAY

3/29/2017 10:00 - marvin p.

so if i won the 1 million prize on the 10 dollar game u will pay the 400.000 thousand on that 1 million dollars and i just get a straight out million? NC Lottery
If you buy a $10 Taxes Paid ticket and win the $1 million top prize, you take home $1 million with the minimum federal and state taxes already withheld. So you’re definitely getting that ‘straight out million’ :)

3/29/2017 09:55 - michael p.

Wow I can't wait play I hope I'm the first lucky winner ??

3/29/2017 09:19 - Cynthia J.

Can't wait ??

3/29/2017 09:11 - Diane H.

Now this is awesome for who ever wins!! I know I'll will be playing!!! Yay!!

3/29/2017 08:08 - Mark M.

Glad to see these making a return; I've always liked this game.

3/29/2017 08:04 - Charlotte R.

Then doesnt the winner ultimately have to pay taxes on the amount u pay them toward the taxes? NC Lottery
The minimum state and federal withholdings are already accounted for when you win. The top prize for the $10 Taxes Paid ticket is $1 million, meaning you receive a check for $1 million when you claim. Our advice to top prize winners on Taxes Paid tickets is the same as it is for anyone who claims significant winnings playing the lottery: Talk to a tax professional. You might get good news that the initial taxes already paid cover your obligation, but better to find out how everything fits together on the front end. It all depends on the individual’s unique financial picture. For more details about these tickets and how to play, check out the game pages on our official website starting Tuesday or call Customer Service @ (877) 962-7529, Monday-Friday 8 a.m – 5 p.m.

3/29/2017 07:28 - connie b.

do u pay state and federal ? NC Lottery
If you buy a $10 Taxes Paid ticket and win the top prize of $1 million, you take home $1 million with the minimum federal and state taxes already withheld. Our advice to top prize winners on Taxes Paid tickets is the same as it is for anyone who has a big win: Talk to a tax expert. Best to find out how everything fits together on the front end so there’s no surprise next April.

3/29/2017 06:55 - Debbie H.

I hope that everyone wins. Me too

3/29/2017 06:45 - Denver G.

Thank goodness there is not a 2nd chance drawing associated with these tickets. Too many 2nd chance tickets are hard to keep up with, the 3 you got going now are more then enough.

3/29/2017 06:29 - Dustin M.

Awesome.

3/29/2017 06:26 - Arneshia M.

I can't wait! Ready to hit my top prize:-)

3/29/2017 05:59 - William A.

Been calling for it for years! Bring on the 20 dollar tickets next! Almost excited about losing my money.

3/29/2017 05:16 - Katie E.

I WILL BE BLESS WHEN IT PASS MY WAY HAPPY, HAPPY,

3/29/2017 04:38 - BIlly H.

Alright now !!!

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