No, the lottery organization will report your lottery winnings on Form W-2G, Certain Gambling Winnings, not on Form 1099. However, if you have winnings from a sweepstakes or you’ve won other prize money, you may receive Form 1099-MISC, Miscellaneous Information.

Please note that, even if you do not receive Form W-2G, you must still report and pay tax on all lottery winnings. The tax rate you pay on lottery winnings is the same as the tax rate you pay on your regular taxable income.

The IRS requires the lottery operator to withhold 24% of lottery winnings over $5,000, and you may owe more, depending on your tax bracket. You can report the lottery winnings withholding along with any other withholding on your tax return.

Have questions about how lottery winnings are reported? Need help filing your tax return with lottery winnings in the mix? We’re open all year and ready to help. Book your appointment today.

Sharon Brucker, CPA Senior Tax Research Analyst Published on: August 08, 2025
Jackson Hewitt Editorial Policy

*This content is for general informational purposes only. It is not intended to be comprehensive and should not be construed as professional tax or financial advice for any specific individual tax situation. Taxpayers should always consult a qualified professional for individual guidance. This information constitutes a solicitation under the Treasury Department's Circular 230. Most offices are independently owned and operated.