Final answer:
The claim that only the amount over $600 of a $5000 Oregon Lottery winning must be included in Oregon income is false; the entire $5000 is taxable income.
Step-by-step explanation:
The statement that you must include in Oregon income only the amount over $600 if you have $5000 in Oregon Lottery winnings from one ticket is False.
For Oregon state tax purposes, you must declare all your lottery winnings as income. This means the entire $5000 won from the lottery ticket is considered taxable income.
However, if you have any gambling losses, you may be able to deduct those to offset the winnings, but you cannot simply exclude winnings under a certain amount from your income.
Lottery winnings and tax implications can vary from state to state, so it's important to check with local tax laws or a tax professional for details specific to your situation.