Have you ever thought about a secret backing up the odds of winning a lottery game or a strategy that helps your lottery numbers win? The lottery system encapsulates three basic types of lotteries, including Number games, Lottos, and Bonus Lottos. Out of these, the Number games or the Dailies are the aptest pick, if you want to crack a lottery anytime soon without competing against a huge number of odds! One such game that can pretty much favor your winnings odds and help you bag a lottery prize is Illinois Pick 4. All you have to do is grab a lottery ticket, pick four numbers from a field of 0 to 9, for each column and mark it on your playslip. The Illinois Lottery is known to give you the option of FIREBALL, wherein you have a chance to exchange the FIREBALL number with one of the winning Pick 4 numbers, so you end up having a winning combination and bag exciting cash prizes.

The happiness, the excitement, the emotions, and of course the money, all just doubles up! In this article, you’ll get deep insights into how lottery winnings are taxed and how the lottery tax calculator will help you out with major calculations and let you know what amount of lottery win will you receive! When you win a lottery, the first question that pops your mind is what payout option you should go with - lump-sum or annuity. While lump-sum is the consolidated sum of your lottery win after deducting all the taxes, the annuity option means, a portion of your prize will be paid each year for a period of 20 to 30 years. Still, confused between the two? To get a clearer picture of it, you can make use of a lottery tax calculator before claiming your winnings, or hire a team of professionals that may help you know the very basic and complex details about the payouts option and the deductions to be done by the lottery.