ULTIMATE VIP SUITE EXPERIENCE
One (1) winner in Special Drawing.
Total prize value $46,051.05 (including federal withholding tax). *
The ULTIMATE VIP SUITE EXPERIENCE winner will be drawn after Drawing 4. This Special Drawing will include entries from all four (4) previous drawings, including those already selected to win Merchandise Prize Packs. The ULTIMATE VIP SUITE EXPERIENCE may include:
VIP SUITE EXPERIENCE
One (1) winner per drawing.
Total prize value $32,893.16 (including federal withholding tax). *
MERCHANDISE PRIZE PACKS
Two hundred fifty (250) winners per drawing.
Total prize value $549.00.
*The Texas Lottery shall withhold federal income tax, as required by law, on all prizes over $5,000.
The Texas Lottery will report a winner of a prize to the IRS once the prize has been claimed, as required under federal law. For U.S. citizens, the federal government requires lottery winnings to be reported to the IRS for tax purposes if an individual wins $600 or more and if the winnings are at least 300 times the amount of the per board wager, or the winnings are subject to federal income tax withholding [winnings greater than $5,000].
The tax withholding rate is 24% for winnings, less the wager, that are greater than $5,000. Prize withholdings are calculated on the total amount of gross proceeds [the amount of winnings minus the amount wagered].
If you have questions regarding the tax consequences of winning any Texas Lottery® game, including a promotional second-chance drawing, we recommend that you consult with your own accountant or tax advisor prior to claiming your prize. Once a claim is approved, the prize is considered to be claimed, and may not be changed or refused after that point, and tax responsibility will be borne by the prize winner.