Lottery and Gaming credit provides direct property tax relief to qualifying taxpayers in the form of a credit on their property tax bills. Your property qualifies if it is your primary residence on January 1 of the year in which the property taxes are levied. Only one primary residence may be claimed; rental or other properties DO NOT qualify for the credit.
If you meet the above requirements you may claim the Lottery and Gaming credit. If you do not have a credit on your property tax bill, you may obtain an application from your City, Town or Village Treasurer during tax collection time. The credit may be claimed until January 31following the issuance of the tax bill, the amount due will then be adjusted.
Lottery forms available at: Wisconsin Department of Revenue
The Lottery and Gaming credit is determined in November of each year and depends on the amount of revenues from the lottery, pari-mutuel on-track betting and bingo during the year. Then credit amount on your tax bill is based on your school tax rate and the maximum credit value. [ss.79.10 (9) (bm), (11) Wis.Stats.]
Property owners must notify the County Treasurer within 30 days if the property no longer is the primary residence of the owner.
If you have any further questions regarding the Lottery and Gaming Credit please contact our office.