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West Virginia Income Maintenance Manual Chapter 4

West Virginia Income Maintenance Manual Page 168 Chapter 4 Income

4.7.5.E Irregular Income Regardless of the source, irregular income is not counted because it cannot be anticipated. 4.7.5.F Lump-Sum Payments Lump-sum payments are counted as unearned income only in the month received. EXCEPTION: Qualified lottery and gambling winnings and qualified lump sum income in the amount of $80,000 or more on or after January 1, 2020 are counted not only in month received, but over a period of up to, but not to exceed, 120 months regardless of the state in which they were won. Non-cash prizes are not considered qualified lottery and gambling winnings and continue to be counted as lump sum income in the month in which they are received only. Although there are circumstances in which gambling losses may be deducted from income for federal income taxes, gambling losses are not deducted from winnings for this period. The months over which qualified lottery and gambling winnings income is counted is found in Chapter 4 Appendix H-Lottery and Gambling Winnings: Months over which Income Is Counted by Income Increment. To calculate the monthly income used for eligibility add the verified income and the additional income from the lottery and gambling winnings. Once the winning’s income is exhausted only use the verified income. The requirement to count qualified winnings over multiple months applies only to the individual(s) receiving such winnings. Notices of the income period must be provided to affected individual(s) and include: • The date on which qualified winnings will no longer be counted; • Opportunity to apply for a hardship exemption; • And information on applying to enroll in a qualified health plan on the Exchange.