YOU ARE FUNNEY! Why would the IRS,, or the state for that matter, want to eliminate a guarented income? They are not going to eliminate any tax revenue. Be patiant. In 2009, the IRS will start the effort taking twice as much from all taxes. Barrack Hussen Obama has already stated he will raise some taxes by 29%. At that to the loss of the Bush Tax cut of ten pecent, and then you will see a return the Jimmy Carter era - if you're old enough to actually remember him, not the modified history they now preach.
Back to the taxes on the Jackpot. I don't like it eaither. But most lottery players NEVER think of the taxes when they plop down the buck, only the amount on the flashing LED sign. They are just sheep lining up for the shiney lure. Not every one is in the same category of a Lottery Post player - actually very few are. Having said I don't like lottery taxes, if I win the hundred million shown on the flashing LED sign, and only get to walk home with $25 million, I will be soooooo happy, I will probably drop a load on the press conference stage! The rich can afford enormous taxes and still be rich. Currently I cannot afford enoumous tax increase and stay in the income I am now. Take an extra hundred or two away from my monthly income and I will have real problems. Barrack Hussen Obama will still be rich, and I will have less. YOU WILL HAVE LESS! How will a couple hundred less monthly, impact your budget, that plus the price increase of food and gasoline?