An Independent View of Social Security
ssi and winning a lottery or sweepstakes?
What happens if you entered a sweepstakes and you win a certain amount of money. Say 5,000. When you report the money to social security do they stop your ssi payments until you use that money up? And do they count the gross or net value for tax purposes, since you have to also pay income taxes on that money.
Updated : May 16, 2010 by Guest