Bill > SB461

This bill provides for personal income tax withholding on certain lottery winnings in West Virginia. It requires the West Virginia State Lottery Commission to withhold 6.5% of lottery prizes over $5,000 for state income tax purposes. The bill also defines "gross prize" and "lottery pool" for the purposes of the law, and allows winners of lottery prizes over $1 million to remain anonymous. Additionally, the bill specifies that all lottery prizes awarded by the West Virginia State Lottery Commission are considered West Virginia source income and subject to state income taxes, regardless of the form of payment or whether the prize is later sold or transferred.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=461&year=2019&sessiontype=RS&btype=bill