If you've been paying attention (at least in the US) for the past couple days, you are aware of the Mega-Millions lottery drawing that is coming up which is conservatively estimated at
$500m $640m! At the moment, this is an overwhelmingly large world record for a lottery jackpot!
I, like numerous others, have bought my very first lotto ticket but I have a question. I live in one state (North Carolina) but I purchased the ticket in another (South Carolina.) Assuming the winner is in the same circumstance, where should they file state taxes for their winnings-- with the state they live in (NC, in my case), the state they won in (SC) or, unfortunately, both?