Players of Wisconsin Lottery games must be 18 years or older to buy tickets, which can be purchased at retailers throughout the district. Minors cannot buy tickets, but they can win prizes, which will be paid to the minor's guardian.
State law dictates that at least 50% of tickets sales must be returned to players in the for of prizes. At the time of writing, the actual figure returned as prizes since the lottery's inception is 56%. And since that time over 30% of ticket sales has been handed over to the state for Property Tax Relief.
Cash prizes of up to $599 can be claimed at any Wisconsin Lottery retailer, or by mail. Prizes of $600 or more can be claimed at the Lottery's offices in Milwaukee and Madison, or by mail. If claiming by mail, sign the back of your ticket, and complete a Winner's Claim Form. Be sure to keep a copy of the front and back of all documents you send, and if it's a larger cash prize, it's advisable to send your claim by certified/registered mail.
If you're lucky enough to win a jackpot prize, you have 60 days to decide whether to take the prize as a lump sum or annuity. Typically, the lump sum prize would be approximately half the amount of the announced jackpot, less taxes. If jackpot winners don't let Wisconsin Lottery know of their decision within the 60 days, the prize will be paid as an annuity.
It is advisable as soon as possible after purchasing your ticket you should sign the back of the ticket, otherwise anyone in possession of a winning ticket may file a claim.
Prizes are not exempt from Federal tax, and by law, for prizes more than $5,000 won by US citizens D.C. Lottery must withhold at least 25% for Federal Income taxes, and 7.75% for State Income Tax for winning over $1,999.