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Oregon winners and gift tax.Reply
Pretty much what I stated earlier: http://www.williamsmullen.com/news/articles_detail/019.htmAssignment of Lottery ProceedsAn individual who wins a major lottery prize often is presented with more wealth and income than he or she has theretofore experienced. The lottery winner may be eager to share the wealth (and the income tax burden) with other family members or friends. Consequently, the winner may consider assigning some or all of the proceeds to one or more such persons. Whether an assignm
Nov 14, 2005, 3:17 pm - Chewie - Lottery Discussion Forum

Record Jackpot Claimed, question!Reply
Some info on assignment:http://www.williamsmullen.com/news/articles_detail/019.htmAssignment of Lottery ProceedsAn individual who wins a major lottery prize often is presented with more wealth and income than he or she has theretofore experienced. The lottery winner may be eager to share the wealth (and the income tax burden) with other family members or friends. Consequently, the winner may consider assigning some or all of the proceeds to one or more such persons. Whether an assignment of all
Nov 10, 2005, 9:53 am - Chewie - Lottery Discussion Forum

Lawsuit over $315 million lottery jackpot goes to trialReply
The meaning of such an agreement seems crystal clear. If the group had an agreement that everyone would be included whenever they (which means the whole group, and not just the part of the group that is present at any given time) bought tickets then everyone who was part of the group is included. Collecting the ticket money from somebody who isn't there when the rest of the group chips in for the tickets is just one of many details that don't invalidate the rest of the agreement. Whether or
Jun 7, 2006, 4:49 pm - KY Floyd - Lottery News

if you joined a pool, did you vet the other players for honesty before jumping in feet first?Reply
I'm ethical, it was just a joke after mentioning that most do not even read the agreement, unless they read it when I emailed it to them but even still it was about 2 weeks from the time I emailed it and the time it was time to sign the actual agreement. Only two people read the agreement in front of me, and 1 of them was the wife of one of my co-workers. After everybody signed it, everybody got their own copy and the agreement and the agreement is as good as long as nothing changes in the terms
Apr 7, 2013, 5:56 am - schmuckatelly - Lottery Discussion Forum

B.C. Lottery faces lawsuit from second problem gamblerReply
It sounds like you have no idea what the agreement was. They'll throw you out if they know you're there, but they have no obligation to waste their time looking for the people who voluntarily promise not to show up, so they held up their end of it. The only one who broke the agreement is the guy who thinks other people are responsible for his personal shortcomings. He agreed not to show up and gamble, and he agreed that if he did show up he couldn't win anything. That's two ways that he broke th
Jul 26, 2010, 1:15 pm - KY Floyd - Lottery News

A verbal Lottery joke agreement wouldn't hold up in Court, would it?
So, there was an article about what NOT to do if you win the Lottery or will win the Lottery. One of the tips was something like, Never joke, about giving someone a cut of your winnings if you win the Lottery because they could sue you for your winnings if you do. For example, never jokingly, say to your to your Friend, Tom, if I ever win The Powerball 1.5 Billion Jackpot, I'll give you $20 Million, but I'm sure I'll never win it, it's a 1 in a 1.5 Billion chance. Tom and you both laugh, but if
Oct 7, 2023, 11:49 am - Lotto fanatic - Lottery Discussion Forum

In Group Winners: can the payout other than split evenly ?Reply
Multiple family members can definitely be part of the same pool, but that's not what the OP was asking about. Obviously pools should have a written contract, and it's probably even more important if there are multiple members of the same family in the pool and one of them is running the pool. Even if you don't have a written agreement the IRS is probably happy enough to believe that if you share a lottery prize with coworkers it's because you had a mutual agreement requiring you to share it,
Apr 26, 2015, 11:49 am - KY Floyd - Lottery Discussion Forum

Lawsuit over $315 million lottery jackpot goes to trialReply
Quote: Originally posted by KY Floyd on June 7, 2006 Quote: Originally posted by win_nie on June 6, 2006 the group had an oral agreement that everyone would be included whenever they pooled money to buy tickets. so he was not there to pooled his money so therefore I don't see why there is a court case, The meaning of such an agreement seems crystal clear. If the group had an agreement that everyone would be included whenever they (which means the whole group, and not just the part of
Jun 7, 2006, 7:57 pm - konane - Lottery News

Take5 NYReply
In agreement with you regarding my favorite game to play.
Feb 24, 2024, 4:03 pm - Sowinsky - Pick 5 Forum

Mystique Mystical ThreadReply
Hello, M470..in agreement with 2222..Fl pick 4 midday today!!
Mar 24, 2023, 7:57 am - Winner$grl - Mystical Forum