The owner of a Medford, Oregon, grocery store has donated his share of an $800,000 lottery prize to two elementary schools.
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Oregon store owner gives share of lottery prize to the schools
Mar 8, 2006, 9:45 am (3 comments)
Good thing the prize wasn't the $1000-a-week in OR Lose for Life. I wonder if a store receives a "bonus" for selling a Lose for Life top prize.
That raised a flag!! WHat impact does this have on his overall tax burden - since winning the money? You KNOW he is going to deduct this money. If his tax burden is equal, or close to the tax amount, he is doing exactly what a tax adviser would advise. If he is gioving more then he would pay in taxes anyway, the good for him. Otherwise, he is taking credit for waking up in the morning.
i think he did a nice thing by doing this.......