How long does it take to receive NJ Lottery winnings?
According to the NJ Lottery, it takes approximately three weeks for claims to be processed, validated, and checks to be sent to winners. Many smaller prizes, however, can be instantly paid out by authorized retailers.
How much will I pay in taxes if I win the New Jersey lottery?
Per Federal law, the New Jersey Lottery withholds 25% from any prize of more than $5,000. A 30% federal withholding rate applies to any prize of $600 or more paid to a winner who does not furnish a social security number. State law also requires the New Jersey Lottery to withhold a 5% state from any prize greater than $10,000 and up to $500,000, or 8% from any prize in excess of $500,000. An 8% tax also applies to any prize in excess of $10,000 paid to a winner who does not furnish a social security number.
Can I buy a New Jersey Lottery ticket online?
At this time, tickets must be purchased at an authorized retailer in New Jersey.
About the New Jersey Lottery
The New Jersey Lottery began in 1969 thanks to voter approval in the general election. Since its inception, the lottery has contributed more than $28 billion to the state and over $42 billion has been paid out in prize money. More than 30% of the revenue generated by the NJ Lottery goes toward state education and institutions.
Information on responsible gaming and problem gaming is available. Or call 1-800-522-4700.
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