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LESSEE INFORMATION FORM - Oregon Lottery - oregonlottery

LESSEE INFORMATION FORM - Oregon Lottery - oregonlottery 2025

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The document is a Lessee Information Form for the Oregon State Lottery, designed to collect detailed information about businesses applying for a lottery retailer contract. It includes sections for business identification, ownership structure, key personnel, and financial disclosures. The form requires applicants to provide their business name, type of entity, taxpayer identification number, and details about key persons involved in the business. Additionally, it outlines definitions related to key persons and includes a disclosure statement affirming the accuracy of the provided information.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the biggest mistake a lottery winner can make?

Here are some mistakes to avoid and actions you could take instead. Going public with your win. fotofabrika/Adobe. Choosing the wrong payment option. Managing your new financial situation on your own. Ignoring debt. Making rash investment decisions. Filling your pockets with cash, literally. Continue playing the lottery.

Can you pass lottery winnings to family?

The winner should fill out a Lottery Beneficiary Designation Form from the Lotterys Prize Payments Annuity Desk. By filling out this form, they can provide the California Lottery with the names of individuals who will receive any remaining payments as they come due.

How much does Oregon Lotto take out for taxes if you win $5000?

Non-Video Lottery prizes over $5,000 will have both the 8% state and 24% federal taxes withheld. For Video Lottery prizes, only the 8% state tax withheld. At the time you receive your prize, the Lottery will provide you with your W2G tax forms.

Can lottery winnings be gifted?

Each person has a lifetime limit of around $15 million that they can gift before they owe any gift tax. They can also give each individual $15k per year before dipping in to the $15 million lifetime limit. If youre married then all of those numbers double.

How long does it take to get my winnings from the Oregon lottery?

Payments will be processed and mailed typically within 14 days. Feel free to contact us if you have questions.

Can my wife claim my lottery winnings?

Winnings During the Marriage: If the ticket was purchased and won while the couple was married, the winnings are usually considered marital property.

Can lottery winners remain anonymous in Oregon?

Currently, Oregon is one of 22 states that mandate the disclosure of lottery winners names, a measure officials have said promotes trust in the lottery system.

How do you share lottery winnings with family?

Lottery winners often set up individual trusts for each family member. A lottery winner can also set up charitable or other types of trusts. What type of trust will work best for you during your lifetime?

LESSEE INFORMATION FORM - Oregon Lottery - oregonlottery 2025

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