<prompt> Human: Hi rpersonalfinance. I live in colorado and I won 25,000 in some promotional event from a car dealership in wyoming. They sent me a advertising flyer with three scratch off things, and if they match you win the prize. First prize was 25,000 2nd was an ATV or some thing etc. etc. I was sceptical that this was legit, but I called the dealership and spoke to the General manager and he said yes - there is one winner, its not a chance to win type situation. So Im supposed to go up there tomorrow to claim my winnings and I thought Id ask my questions here before hand.I dont really have questions as to how to manage whatever money I end up with, Im planning on making a large payment to the principle of my mortgage as I already am maxing my 401kIRA and putting in to my daughters 529 fund. What I dont have much of a handle on is the taxes in this situation as Ive never really won anything before. I assume this is will be considered gambling winnings, but I dont know if im going to have to pay taxes in two states and federally etc. Can anyone with more knowledge give me some idea of what I should expect?EDITLooks like I skimmed the fine print too quickly. The scratch off means nothing. The dealership has some board that you match your code to which then determines your prize. Well, at least I was smart enough to create a throwaway account to post how I nearly got had by a scummy car dealership advertisement! Thanks reddit! Also - anyone know how to change the tag to FRAUD?  <response>: sorry mate but have you researched this? its just a load of shit, a scheme to get people in the door and try to sell them cars. literally everyone wins 25k or 5k 