15-30-2522. Withholding of lottery winnings. (1) When making any payment of winnings that are subject to withholding, the state lottery and sports wagering commission, created under Title 23, chapter 7, part 2, shall deduct and withhold from the payment a tax in an amount equal to 6.9% of the payment.
(2) For the purposes of this section, the phrase "winnings that are subject to withholding" means the proceeds in excess of $5,000 won from a lottery game operated pursuant to Title 23, chapter 7.
(3) Every person who receives a payment of winnings that are subject to withholding shall furnish the state lottery and sports wagering commission with a signed statement containing the name, address, and taxpayer identification number of the recipient and of every person entitled to any portion of the payment. The signed statement must be treated as a statement under oath or equivalent affirmation for the purposes of 45-7-202, relating to the criminal offense of false swearing.
History: En. Sec. 2, Ch. 488, L. 1993; Sec. 15-30-247, MCA 2007; redes. 15-30-2522 by Sec. 1, Ch. 147, L. 2009; amd. Sec. 1, Ch. 340, L. 2011.
Structure Montana Code Annotated
Chapter 30. Individual Income Tax
Part 25. Estimated Tax and Withholding
15-30-2502. Withholding of tax from wages
15-30-2503. Employer liable for withholding taxes and statements
15-30-2504. Schedules for remitting income withholding taxes -- records
15-30-2505. Amount withheld considered as tax collected
15-30-2506. Annual withholding statement
15-30-2507. Annual statement by employer
15-30-2508. Withheld taxes held in trust for state
15-30-2509. Violations by employer -- penalties, interest, and remedies
15-30-2510. Remitting withholding taxes electronically -- employer option -- timely remittance
15-30-2511. Voluntary state withholding from federal annuity -- agreement with federal government
15-30-2512. Estimated tax -- payment -- exceptions -- interest
15-30-2513. through 15-30-2520 reserved
15-30-2521. Policy and purpose
15-30-2522. Withholding of lottery winnings
15-30-2523. Determination of employer status
15-30-2524. through 15-30-2530 reserved
15-30-2531. Credits and refunds -- period of limitations
15-30-2532. through 15-30-2535 reserved
15-30-2538. Withholding required on mineral royalty payments
15-30-2539. Withholding -- no application under certain conditions
15-30-2542. Amount of royalty payment withheld considered taxes collected
15-30-2543. Annual withholding statement to royalty owner
15-30-2544. Remitter to furnish annual statement to department
15-30-2545. Withheld taxes held in trust for state
15-30-2546. Violations by remitter -- penalties -- interest -- remedies