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In 2021, Americans spent upward of $100 billion on lottery tickets, making it the most popular form of gambling in the country. States promote their lotteries by telling voters they’re doing good for society by raising revenue, but just how meaningful that money is to broader state budgets and whether the initial odds are worth the trade-off of people losing some of their own hard-earned cash remains debatable.
When it comes to winning a New York State lottery prize, the official rules make clear that if you’re a resident and haven’t registered your social security number with the state, your prize will be withheld until you submit a W-2G form to the Lottery. You may also have unpaid child support or public assistance expenses deducted from your prize, depending on your state’s laws. If you’re a New York resident, you can request your prize payout at any local lottery retailer where you purchased the ticket, but the prize amount you receive will depend on whether it’s more than $5,000 or $600, as well as how long it takes for the Lottery to process your request. The New York State Lottery makes every effort to ensure the accuracy of drawing results and jackpot amounts posted on this website, but in the event of a discrepancy, official drawing results will prevail.