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ing to Mississippi tax law and the Mississippi Lottery Corporation the state regulator prize winnings reported above $600 are subject to the standard state tax of 3% (the same as for gambling winnings). For all winnings above $5,000 or more, the federal tax rate of 24% will be withheld at the time of payout.
Pay all or some of your Mississippi income taxes online via: Mississippi Department of Revenue. Paying your MS taxes online on time will be considered a MS tax extension and you do not have to mail in Form 80-106.
Who Pays Mississippi Tax? If you earn an income or live in Mississippi, you must pay Mississippi income taxes. As a traditional W-2 employee, your Mississippi taxes will usually be withheld and deposited from each paycheck automatically. You will see this on your paycheck stub, near or next to the federal taxes.
Visit the Mississippi Department of Revenue at the following address: After logging in you will need to select the tax account that you wish to pay. You should now be on the Payment page. Complete the following information to schedule your payment.
If you need to change or amend an accepted Mississippi State Income Tax Return for the current or previous Tax Year, you need to complete Form 80-105 (residents) or Form 80-205 (nonresidents and part-year residents). Forms 80-105 and 80-205 are Forms used for the Tax Amendment.
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Individuals can also send payments to the Department of Revenue at: P.O. Box 23075, Jackson, MS 39225. Checks or money orders should be made payable to the Mississippi Department of Revenue.
You have the following options to pay your tax: Send credit card payment through third-party website. Mail in a check. You need to attach Payment Voucher (Form MS 80-125) Office of Revenue. P.O. Box 23075. Jackson, MS 39225-3075.
Interest and Penalties Interest is calculated at 1 percent per month on any portion of a month in which the payment is past due, and continues to accrue until all taxes, penalties and interest are paid. Penalties are charged in addition to interest.
Since all Mississippi gambling winnings are taxed at the time of payout, you dont need to pay any additional taxes on those winnings. The document provided by the is considered the income tax return for this type of Mississippi income.
If you need to make a change or adjustment on a return already filed, you can file an amended return. Use Form 1040-X, Amended U.S. Individual Income Tax Return, and follow the instructions.

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