Kansas Super Cash is a lottery in Kansas that allows players to win cash prizes. Players must purchase a ticket for each draw in order to participate and the cost of each ticket varies from $1 to $20.
The top prize for Kansas Super Cash is $100,000 and there are two additional cash prizes available for matching five numbers ($2,000) or four numbers ($100). Additionally, players who match three numbers receive a free Kansas Super Cash ticket for the next draw.
Overall, the cost of a Kansas Super Cash ticket is dependent on the amount of the player’s wager.
How do you play Super Kansas Cash?
Super Kansas Cash is a lottery game offered in the state of Kansas. The objective of the game is to match three, four, or all five numbers drawn to the numbers on your ticket. To play Super Kansas Cash, you need to first purchase a ticket, which you can do at any participating Kansas Lottery retailer.
You can purchase tickets either individually, in a multi-draw, or through a subscription. On each ticket, you will find five numbers between 1 and 41, which you can select yourself or have them chosen randomly using Quick Pick.
When you are ready, purchase your ticket and head to the nearest retailer to watch the live drawing.
During each live drawing, five numbers will be drawn from a pool of 41 balls, and if any of these numbers match the ones on your ticket, you may have won a prize! You can check your ticket for winning numbers against the Winning Numbers page of the Kansas Lottery website or at any of the Lottery’s retailers.
If you have matched three, four, or all five numbers drawn—congratulations, you are a winner! You will receive a prize corresponding to the amount of numbers you matched, and the prize value can range from $1 up to the current jackpot of $50,000.
So, in summary, to play Super Kansas Cash you need to purchase a ticket, watch the live drawing, and check your numbers after the draw to see if you are a winner. Good luck!
How much tax do you pay on a $1000 lottery ticket in Kansas?
In Kansas, lottery winnings are subject to state and federal taxes. The amount of tax that is payable on a $1000 lottery ticket depends on your personal tax situation. The federal tax rate for lottery winnings ranges from 10% to 39.
6%, depending on your individual income level. The State of Kansas does not impose a lottery tax on winnings, but any state income taxes may apply. For example, if you are a Kansas resident and your winnings exceed $2,000, you may be subject to Kansas state taxes.
In addition, some cities and counties impose a local tax on lottery prizes exceeding $2,000. Therefore, if you win $1,000 on a lottery ticket in Kansas, you would not be subject to any state lottery taxes.
However, you may be subject to federal taxes based on your individual income level.
Are 2 numbers worth anything in Powerball?
No, two numbers are not worth anything in Powerball. While it is possible to match two numbers and win a prize, it is not worth anything in terms of the jackpot. To win the Powerball jackpot, you must match all five white balls plus the Powerball.
The prize for matching two numbers is a free ticket for the next drawing, so it is not worth anything in terms of money; however, it can still be a very exciting experience nonetheless.
How much would you get if you won $100 million dollars?
If you won $100 million dollars, you would get to keep the full amount of the prize, minus any applicable taxes. Depending on your individual tax rate, the total amount of your winnings could be anywhere from $90 million to $97 million.
Depending on your financial goals and need, the exact sum that you’d end up receiving would need to be discussed with a financial professional who is knowledgeable about taxation. With $100 million dollars, you would have a great opportunity to pursue your aspirations and redefine your life, with the ability to support your lifestyle, invest wisely, and give to causes that are meaningful to you.
You can also use it to finance college/university educations for your children and create a secure financial future for your family.
How much does Kansas tax in lottery?
Kansas imposes a number of taxes on lottery winnings. One of these is the “Retailers’ Excise Tax,” which is levied on the sale of lottery tickets. This tax is eight percent of the total ticket cost. Lottery winnings greater than $5,000 are also subject to federal and state income taxes.
Kansas residents must report their lottery winnings as income on their Kansas tax returns and pay a corresponding tax on the winnings. The rate for the state income tax is between 2.7% and 5.7% depending on total income.
The Kansas Department of Revenue may assess other taxes, including use tax, upon lottery prizes. Any other local taxes are also applicable.
How much tax do I have to pay if I win a lottery?
The amount of tax you will owe on lottery winnings depends on several factors, including whether you purchased the ticket in-state or out-of-state. If the lottery winnings are from a single payment, then you may be able to deduct the Federal withholding tax of 24%.
If the prize money is paid out in a series of smaller payments, then you may not be able to deduct any Federal withholding tax.
In addition, depending on the state you purchased the ticket in, you may have to pay state taxes. Some states have a flat tax rate on lottery winnings, while others base the rate on the amount of your winnings.
The rate may range anywhere from 0% to 8.82%, depending on the state. As an example, New York has a flat 8.82% lottery tax, while California charges no tax on winnings up to $599, and then the rate changes depending on the amount beyond $599.
Keep in mind that if the winnings are under a certain carved out amount, such as $5,000 in some states, then you may be able to avoid paying any state taxes. Make sure to consult a qualified tax professional in your state about the applicable tax laws for lottery winnings.
How much is lottery tax?
Lottery tax rates vary by state. Most states have some type of tax on lottery winnings, while others do not. Lottery winnings are generally subject to both federal and state taxes. The amount of tax you pay on lottery winnings can range from 0% to over 50%.
Just as with other forms of income from gambling, the lottery tax rate depends on both the amount won and your state of residence. Therefore, to determine the exact amount of lottery tax due, you must look up your state’s tax rate.
Generally, the tax rate may range from 0% to 8.5% for state taxes, and there is typically an additional 24% federal tax rate on lottery winnings above a certain amount. Depending on your total winnings, you may also owe additional local fees—so make sure to check your local regulations to see if they apply.
Has anyone ever won the lottery in Kansas?
Yes, multiple people have won big lottery prizes in Kansas. Just this past week, one lucky winner in Topeka, KS scored $90 million with a Powerball ticket. This was the second-largest Powerball jackpot in Kansas’ history.
Furthermore, the Kansas Lottery website has a Hall of Fame that celebrates all the Kansas lottery winners from the past. They keep a record of all the top payouts from several different lottery games, like Kansas Cash, Super Kansas Cash, Pick 3, Pick 4, 2by2, and more.
As of July 29, 2019, there had been more than 150 million-dollar prizes awarded in Kansas, including some massive Powerball and Mega Millions payouts.
In 2018, there were several big winners, including one person who won a $1 million Powerball ticket, another who won $2 million in a 2by2 game, and yet another who won $5 million with a Mega Millions ticket.
In 2019, the largest prize so far was the aforementioned $90 million Powerball.
As you can see, yes, it is very possible to win the lottery in Kansas.
Has the Powerball ever been won in Kansas?
Yes, the Powerball has been won in Kansas on multiple occasions. The most recent instance was on December 26, 2020, when a winning ticket was sold in Russell, Kansas, worth more than $120 million. Other notable past wins include the $128.
6 million won in May 2012 in Wellington, the $90.5 million won in February 2016 in Girard, the $50.9 million won in April 2018 in Wichita, and the $1.6 billion Mega Millions draw won by a worker at a Suburban Chevrolet dealership in Merriam in October 2018.
Kansas has also had numerous smaller wins over the years, of amounts ranging from $3 million to $50 million.
Has there ever been a Mega Millions winner in Kansas?
Yes, there have been a few Mega Millions winners in Kansas. The first Mega Millions jackpot won in Kansas was in May 2005 when a man from Overland Park won $40 million. Since then, there have been several more Mega Millions winners in the state.
In 2015, another winner from Leawood won $93.3 million. In 2018, the Kansas Lottery reported that there had been more than 570 winners in the state who won $1 million or more. The largest Mega Millions jackpot won in Kansas was in 2018 when two tickets, one from Leawood and one from Perryton, matched all six numbers and split the jackpot of $2.65 billion.
What are the odds of winning the lottery in Kansas?
The odds of winning the lottery in Kansas vary depending on the specific game, but overall they are very low. For the Kansas Mega Millions and Powerball games, the odds of winning the jackpot are 1 in 302,575,350 and 1 in 292,201,338, respectively.
For other smaller lottery games such as Super Kansas Cash and Pick 3, the odds of winning the jackpot are slightly better at 1 in 575,757 and 1 in 1,000, respectively. However, there are still more than 100 million possible combinations for each game, so it is still very difficult to win the jackpot.
Additionally, the odds of winning a smaller prize amount, such as a free play or a few dollars, are much more favorable, but vary greatly by game. Therefore, it is important for players to research the odds of each game before buying a ticket.
How long does it take to get lottery winnings in Kansas?
In Kansas, the timeframe for receiving lottery winnings can vary depending on the type of game, the amount won, and the method selected to receive the winnings. Generally, prizes up to $599 can be processed immediately if presented at retail or collected from a Kansas Lottery Prize Office.
Prizes between $600 and $25,000 are paid by paper check, which is typically mailed within two to three days of the prize claim being processed. Prizes of $25,000 and more require additional processing and usually take anywhere from two to eight weeks to receive.
Winners of Mega Millions, Powerball and Super Kansas Cash can choose to receive their prize as an annuity payment if the prize amount is $250,000 or more. Payments for annuities will be paid to winners over a period of time rather than in one lump sum.
It is important to note that winnings from any Kansas Lottery game are subject to state and federal taxes.