Monday, September 8, 2025

About That Powerball Lottery -- Taxes -- A Good Time To Be A Citizen Of Texas -- September 8, 2025

Locator: 49040TAXES. 

There's a CNBC article out there discussing the taxes on the Powerball lottery winnings. Unless the writer has information the rest of us don't have, the article may or may not be accurate.

What if the winner is a non-US citizen who just happened to be visiting the US at the time as a tourist?

Some countries whose citizens are exempt from US tax on gambling winnings include (most of Europe):
  • Austria
  • Belgium
  • Czech Republic
  • Finland
  • France
  • Germany
  • Ireland
  • Japan
  • Latvia
  • Lithuania
  • Luxembourg
  • Netherlands
  • Slovak Republic
  • Slovenia
  • South Africa
  • Spain
  • Sweden
  • Tunisia
  • Turkey
  • Ukraine
  • United Kingdom
In addition, the state of Texas does not tax gambling winnings, or any income, for that matter, as far as I know. I could be wrong.