How this lesser-known credit may save you money on this year's property tax bill

Описание к видео How this lesser-known credit may save you money on this year's property tax bill

Did you know there's a way to win the lottery without buying a ticket? That's partially true, thanks to the Wisconsin Lottery and Gaming Credit.

Each time someone buys a lottery ticket in Wisconsin, the proceeds go to a separate state fund. Then, the money is distributed to property owners as a credit on their property tax bills.

For over two decades, Curtis Momsen, a homeowner in Hartland, has received his property tax bill. Like many others, he faced a higher cost this time around.

"It's been pretty steady, but this is probably the bigger increase," Momsen said.

However, there is a way to reduce the total amount due through the Lottery and Gaming Credit.
Cindy Lindquist spent years in the real estate industry. She attended one of TMJ4's Let's Talk events, where she told reporters about the credit.

"I started looking at how many people weren't getting tax credits," Lindquist said. "People that have it don't even know they're getting it. The people that don't, nobody's telling them they're not or that they should apply."

Read more here: https://www.tmj4.com/news/property-ta...

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