Seller
The Lottery and Gaming Credit stays with the property and will be deducted from the next tax payable on the next tax bill. When a property is sold the Lottery and Gaming Credit is "sold" with it. Ideally, the amount of the credit should be considered when pro-rating the property taxes between buyer and seller.
Buyer
The Lottery and Gaming Credit stays with the property and will be deducted from the net tax payable on the next tax bill. Ideally, the amount of the credit should be considered when pro-rating the property taxes between buyer and seller. [s. 79.10(10)(bn) Wis Stats]