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North Carolina woman claims half-million lottery jackpot right before ticket expiredReply
She is in her 30s, so lots of time i hope, to enjoy,and save some for a rainy day. and invest some. Great job. Moving and happen to find it, etc., that's a blessing. Even after NC take out a truckload of taxes, she is still going to have a better 2022 beyond i hope. Have to put those tickets up. and or check it ASAP (same evening/following morning) Yep. My father always remind me of it, with all of my wins in P4, i have a habit of that. Glad she found it. H
Feb 18, 2022, 12:48 pm - Cassie8620 - Lottery News

Pennsylvania still has winners out there!Reply
Matt Plan to save it all. I have an odd $80 left over after income taxes. Meaning I like to play to even numbers like even 100's(kinda the way I do it at the casinos also), so I will play $80, so the $1K and income tax will get put aside for actual things. My goal now is to take a good break and figure there is no more chasing. James and Chris. Thanks. One of the rare times going back to chase paid off. Glad I had to goto work. Othwerwise I might have scratched 016, hit $40 and walked away
Apr 4, 2012, 8:05 pm - omiller315 - Instant ("Scratch-Off") Games Forum

Richard Lustig on TV
Yesterday, Apr 27th, Richard Lustig was on the Rachel Ray show, pushing his book revealing 3 of his big tips : 1) Save losing tickets to use when filing taxes 2) Don't buy quick picks 3) When buying scratch-offs, buy 10 in a row of the same kind I didn't learn anything fom him but maybe someone else will. I'm sure you can catch the show on-line, too.
Apr 28, 2011, 9:38 am - miss9 - Lottery Discussion Forum

Lottery, for fun or for profit?
I'm not a gambler nor do i sell my tecqnique.I do this for fun,my predictions are not all posted, if i posted my predictions you would win . I have spent countless hours and a couple of years trying to figure this out, i'm happy i found a solution that gets better all the time.Your goal as a player should be 1.know what numbers to play and when to play them, there is a secret and none of it has to do with luck.Narrow down your play,you must stick to your numbers once you have the solution.Be hon
Oct 25, 2010, 3:07 am - basil19 - Lottery Discussion Forum

N.J. Lottery goes from zero to highest tax rate in the USAReply
One other thing. Save your losing tickets! You get to deduct your loses from your income. I wiped out $1,600 in taxes in '05 by showing loses. And wiped out a big bunch of my takes when I won $10K in PB in '06. That is because it took loses to get the income. MarkP
Jul 3, 2009, 6:43 am - markp1950 - Lottery News

Questions about tax!Reply
1. 35% applies to the federal IRS taxes. The top bracket for federal purposes is above $375,000. Since most jackpots fall in this range....you have to pay the top rate. Keep in mind you don't have to pay the whole 35% right away. The lottery automatically withholds 25% of it before they even write you a check. So you are only responsible for the remaining 10% debt. The IRS also makes sure you pay that debt via estimated taxes which are due quarterly in the year they are incurred. So you can't ju
May 10, 2009, 5:45 pm - SpanaUnlimited - Lottery Discussion Forum

S.C. may ban illegal aliens from claiming lottery prizesReply
The problem I have with this is the same I have with the RICO laws and other confiscation laws. It starts off as just illegal aliens but if the state manages to deny a big jackpot winner just once a year year, that's a tremendous winfall for the state and the temptation will be to see what other category of person they can deny winnings to to keep profits high. Ex-felons, the state doesn't even allow them to vote, why should they be allowed to win the lottery? Et cetera. The RICO laws started
Apr 24, 2006, 9:54 am - tg636 - Lottery News

Saving losing tickets?Reply
KY Floyd we can always count on your wisdom in these matters. Maybe it was because i didn't know any better after all it was 12 years ago when i won the money maybe back then i didn't save my tickets. The guy that does my taxes is pretty smart. He always managed to get me the most money back of any of the other tax prepairers i had. Regardless of anything what matters is one can only claim so much loss on a winning ticket i forget what percent. Maybe what he said was keep all your loosin
May 19, 2009, 1:57 pm - four4me - Lottery Discussion Forum

Legally avoid the gift tax?Reply
Someone is going to shoulder the tax burden--why not give enough that will cover taxes. After a certain level, the Gift Tax is 46%, same as Inheritance Tax for anything over $1,000,000 (Lifetime Umbrella Exclusion) per person Liferime ($2.000,000 perperson lifetime if the gifting is done by a married couple), although this may be one of the two or three years that either the Gift Tax or the Inheritance Tax is in abeyance. I DO know that, as the law is currently written, the year 2010 in uni
Aug 14, 2007, 4:41 pm - AuntiePat - Lottery Discussion Forum

Multi-state lottery games make North Carolina players millionaires overnightNews Story
Two players hit it big under extraordinary circumstances By Kate Northrop The recent Mega Millions and Powerball drawings created dozens of millionaires overnight after players rushed to buy their tickets and join the fray. Two lucky North Carolina residents are among those who found themselves richer under some rather unique circumstances. Anthony Dowe of Leland was one of those players. He had purchased tickets for the Mega Millions drawing on Fri., Jan. 22 for the historic $1.05 bill
Jan 28, 2021, 12:25 pm - Todd - Lottery News