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Lottery winners celebrate Mega-divorce

Topic closed. 21 replies. Last post 5 years ago by LOTTOMIKE.
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fwlawrence
fwlawrence's avatar - Yavill
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Austin
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December 6, 2004
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Posted: April 13, 2005, 2:22 pm - IP Logged

tg636:

    Any amount given out over $11,000 is taxable to the person who GIVES the money, not the person who gets it.
ryanm
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Morrison, IL
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May 13, 2004
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Posted: April 14, 2005, 11:56 am - IP Logged

  Correct.  If you give someone one million dollars, you have to pay the gift tax.  The person you give the money to does not have to pay any taxes.

  I must also comment that it's always nice to see a poor person such as Rodriguez win the lottery and not some rich jerk like Whittaker.
Maverick
Maverick's avatar - yinyang
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October 29, 2004
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Posted: April 14, 2005, 8:56 pm - IP Logged

Yea that Rodriguez win was like a hit for the home team. Sooo close to where I am, but too bad I dont get a cut lol.
CASH Only

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Posted: April 15, 2005, 9:35 am - IP Logged

Whittaker is not a jerk...he chose cash.
Maverick
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Posted: April 15, 2005, 4:11 pm - IP Logged
Quote: Originally posted by CASH Only on April 15, 2005

Whittaker is not a jerk...he chose cash.
CASH Only

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Posted: April 18, 2005, 9:47 am - IP Logged

 
LOTTOMIKE
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October 15, 2004
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Posted: April 23, 2005, 4:21 am - IP Logged

 
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