Title 44
Taxation

Chapter 30
Personal Income Tax

Part V
Withholding of Tax

R.I. Gen. Laws 44-30-71.2



 44-30-71.2.  Withholding of tax from lottery, pari-mutuel betting, video lottery terminal games and casino gaming winnings.


(a) Consistent with federal rules and regulations and procedures related to W-2G withholdings, the director of lotteries shall:

(1) Deduct and withhold from the prize money, of any person winning a prize from the state lottery; and

(2) Require the deduction and withholding from winnings from video lottery terminal games and casino gaming as defined in 42-61.2-1 a tax computed in such a manner as to result, so far as practicable, in an amount substantially equivalent to the tax reasonably estimated to be due resulting from the inclusion in the individual's Rhode Island income of his or her prize money received during the calendar year. The method of determining the amount to be withheld shall be prescribed by regulations of the tax administrator, which regulations and amounts shall be based upon the federal rules, regulations and procedures.

(b) Every licensee conducting or operating events upon which pari-mutuel betting is allowed shall deduct and withhold from the winnings of any person a tax computed in such manner as to result, so far as practicable, in an amount substantially equivalent to the tax reasonably estimated to be due resulting from the inclusion in the individual's Rhode Island income of his or her winnings received during the calendar year. The method of determining the amount to be withheld shall be prescribed by regulations of the tax administrator, which regulations and the amounts shall be based upon the federal rules, regulations and procedures.

History of Section.
P.L. 1989, ch. 126, art. 21, 1; P.L. 2019, ch. 88, art. 5, 12.