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You must be at least 18 years old in order to play Oregon State Lottery. | | | |
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Scratch-it games must be claimed within one year after the official end of the game. Raffle prizes must be claimed within on a year of the winning number announcement. For all online games the prize must be claimed within one year from the date of the drawing in which the prize was won. All unclaimed prizes will go toward the Oregon public education, economic development and natural resource programs. | | | |
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In the state of Oregon all prizes, regardless of the amount won, are considered as income. Oregon Lottery is required by law to report all prizes over the amount of $600 to the Internal Revenue Service and the Oregon Department of Revenue. Prizes won that are greater than $5,000 will be withheld 25% federal tax and 8% state income tax.
A winner's actual tax liability will depend on their overall financial situation and when they file their taxes. It is possibly for a winner claiming a Oregon Lottery prize could owe more or less than the actual amount withheld. | | | |
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Although some people may want to keep their identities and winnings a secret, some information about a lottery winner is public information. The name of the winner, amount of the prize, name of the game play and city in which the winning ticket was purchased is all public knowledge and Oregon citizens have a right to know lottery prizes are actually being given to real people. | | | |
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When you go to the Lottery headquarters to claim your Megabucks or Powerball jackpot prize you may choose to have your prize as one lump sum or in 25 annual installments for Megabucks or 30 annual installments for Powerball. | | | |
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