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Gambling establishments often exist close to state borders and on ships that cruise exterior territorial waters. Gambling activity has additionally exploded in current years in Native American territory. To win, contestants match their combos of numbers with the drawn combination. If there are multiple winners, they break up the winnings, also called the “Jackpot”. Winnings are at present topic to federal earnings taxes as odd income. Winnings can be awarded as a yearly annuity or as a lump sum, depending on lottery rules.
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