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Eastern Time (GMT-5:00) | California Lottery investigating $1M payout5+1 Winner Arizona United States Member #116287 September 7, 2011 16184 Posts Online | | Posted: August 31, 2012, 3:02 pm - IP Logged | |
not wasteing time, while the attendant gases up my bad machine I'm getting tix. beer and snax, I pay they give me a receipt, when I come out of the store my gas receipt is tucked in the door handle. WAIT........ you have an attenant pump gas?? | | |
egg harbor twp.south jersey shore United States Member #112990 June 29, 2011 2637 Posts Offline | | Posted: August 31, 2012, 3:06 pm - IP Logged | |
WAIT........ you have an attenant pump gas?? In jersey you're not permitted to pump your own, I believe thats true for oregon also. Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D. | | |
5+1 Winner Arizona United States Member #116287 September 7, 2011 16184 Posts Online | | Posted: August 31, 2012, 3:16 pm - IP Logged | |
In jersey you're not permitted to pump your own, I believe thats true for oregon also. WOW, amazing the things I had no idea about. If it wasnt for LP I would have no idea how stupid I am. | | |
egg harbor twp.south jersey shore United States Member #112990 June 29, 2011 2637 Posts Offline | | Posted: August 31, 2012, 3:23 pm - IP Logged | |
WOW, amazing the things I had no idea about. If it wasnt for LP I would have no idea how stupid I am. did you purposly post that @ 3:16 ? LOL Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D. | | |
5+1 Winner Arizona United States Member #116287 September 7, 2011 16184 Posts Online | | Posted: August 31, 2012, 3:26 pm - IP Logged | |
did you purposly post that @ 3:16 ? LOL LOL. no but strange coincidences seem to follow me. LOL. | | |
egg harbor twp.south jersey shore United States Member #112990 June 29, 2011 2637 Posts Offline | | Posted: August 31, 2012, 3:32 pm - IP Logged | |
LOL. no but strange coincidences seem to follow me. LOL. time to convert that into lotteryluck, oh well it's 5:00 somewhere.  Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D. | | |
5+1 Winner Arizona United States Member #116287 September 7, 2011 16184 Posts Online | | Posted: August 31, 2012, 3:35 pm - IP Logged | |
time to convert that into lotteryluck, oh well it's 5:00 somewhere. Oh trust me on this one hay, Im workin on it like a mad man. | | |
manitowoc, wisconsin United States Member #104992 January 23, 2011 77 Posts Offline | | Posted: September 2, 2012, 5:28 pm - IP Logged | |
I thought california was broke...Maybe that is why they are dragging there feet on pay out. | | |
S.E.Iowa United States Member #120520 December 21, 2011 534 Posts Offline | | Posted: September 2, 2012, 5:47 pm - IP Logged | |
I thought california was broke...Maybe that is why they are dragging there feet on pay out. I think you might have hit the nail on the head. When I was a boy I was told that anybody could become President; I'm beginning to believe it. ~Clarence Darrow There ought to be one day - just one - when there is open season on senators. ~Will Rogers | | |
adelaide sa Australia Member #37542 April 11, 2006 2501 Posts Online | | Posted: September 2, 2012, 8:24 pm - IP Logged | |
yeah well he prob onlt turned up with the one winning ticket. when asked what else did you buy that day from lotto. maybe said nothing. lotto would know exactly what scratchers where bought at the same time. maybe once a week they see the same set of tickets bought . $10 worth, around 6pm. maybe they still see thwe same set being bought today, yet this " winner " has no clue about it. they're usually suspicious for a reason. June "Money doesnt buy happiness, but misery has never been so luxurious" 2013 YTD loss[1032] wins = 585 2012 total spend =[2486.10], wins = 2176.70 ; year total = -$309.40 | | |
Housekeeper MICHIGAN United States Member #82269 October 28, 2009 13301 Posts Offline | | Posted: September 3, 2012, 8:13 pm - IP Logged | |
Thats a very long time to wait for a payout, more to this story I'm sure. | | |
5+1 Winner Arizona United States Member #116287 September 7, 2011 16184 Posts Online | | Posted: September 3, 2012, 8:32 pm - IP Logged | |
Thats a very long time to wait for a payout, more to this story I'm sure. My guess is, its a third party cashing the ticket. | | |
Texas United States Member #132464 September 4, 2012 271 Posts Offline | | Posted: September 4, 2012, 7:27 am - IP Logged | |
I feel so sad about what happened with Mr. Osejo. The fact that he won the $1 million is really amazing. I guess, he had his personal reasons of why he didn't answer some of the questions directed to him. Sometimes, we refused to answer questions for personal reason. I congratulate you in advance Mr. Osejo, soon they will award you your money. Just pray hard. | | |
mid-Ohio United States Member #9 March 24, 2001 16129 Posts Offline | | Posted: September 4, 2012, 1:27 pm - IP Logged | |
My guess is, its a third party cashing the ticket. My guess is those guys working security need to look necessary if they want to keep their jobs. * The fundamentals of winning a lottery jackpot *
* play a lottery you can win *
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Windermere, FL/Franklin, TN United States Member #50670 March 1, 2007 494 Posts Offline | | Posted: September 10, 2012, 2:52 pm - IP Logged | |
Federal Income Tax Brackets for 2012 | Tax Bracket | Married Filing Jointly | Single |
|---|
| 10% Bracket | $0 – $17,400 | $0 – $8,700 | | 15% Bracket | $17,400 – $70,700 | $8,700 – $35,350 | | 25% Bracket | $70,700 – $142,700 | $35,350 – $85,650 | | 28% Bracket | $142,700 – $217,450 | $85,650 – $178,650 | | 33% Bracket | $217,450 – $388,350 | $178,650 – $388,350 | | 35% Bracket | Over $388,350 | Over $388,350 |
If you win a million dollars, you will obviously be in the 35% tax bracket. The entire 35% will not be due until April. Before you even get the check from the lottery office, 25% will be automatically taken out for tax withholding, so come April, you will most likely need to pay an additional 10% for federal income tax.
Keep in mind that chart above is for 2012. The Bush era tax cuts are set to expire at the end of 2012 and if they are not extended the highest tax bracket may go up from 35% all the way up to 39.6%. Just be thankful you don't live in New Jersey. The state tax on lottery winnings is 10.75%. So lets say the Bush era tax cuts are not extended and you win a million dollars from the lottery in 2013 in New Jersey. You need to pay 39.6% for federal income tax and then pay 10.75% in state tax. So you need to pay 50.35% tax on your winnings. The government will take more than half of the money! A new 3.8% Medicare contribution tax will take effect in 2013. This new tax will be implemented even if the Bush tax cuts are extended and is based on a minimum AGI of 250k for married, 200k for single. Those NJ resident lucky enough to win next year will be looking at a total tax obligation of 54.15% on their AGI. Those who live in states that don't have state income tax will be looking at Federal tax obligations of 43.4% an increase of 24% from 2012...if the Bush tax cuts are extended you would save 4.6% (39.6-35%) from these figures. | | |
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