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Editorial: Study of lottery winners still receiving food stamps is flawed but raises good pointsReply
I have no problem with anonymous winners. But the government clearly know who the winner is because they tax them. But the IRS doesn't speak to state and federal agencies that hand out food stamps apparently.
Oct 23, 2023, 7:48 pm - sdw1000 - Lottery News

$910 MILLION: Mega Millions lottery jackpot making another historic runReply
Here is some great free tax advice - DO NOT hire a CPA. With this kind of money you want a tax attorney instead. There are three types of professionals that I know of that can represent you in front of the government and those would be tax attorneys, CPAs and also enrolled agents.
Jul 28, 2023, 10:42 pm - Think - Lottery News

Massachusetts father and son sentenced to prison for decade-long $20M lottery ticket schemeReply
It also says the Jafaars cheated the IRS and took millions of Americans hard earned dollars. How is that different from what the IRS is doing taking Americans hard earned dollars, threatening government shutdown, and not paying the bills. Facing the debt ceiling ,cutting social security.
May 23, 2023, 3:24 pm - Tony Numbers - Lottery News

Editorial: Study of lottery winners still receiving food stamps is flawed but raises good pointsReply
I really find it hard to believe someone who wins $2 Million Dollars still needs Food Stamps If the only requirement to qualify is monthly income, then it's strictly about the income, and need or total assets aren't part of the equation. That $1215 per week for a household of one works out to a whopping $14,580 per year. It's possible to live on that without some kind of assistance, but it's probably not possible to have a real place to live, health insurance, and an adequate supply of heal
Oct 27, 2023, 1:21 pm - KY Floyd - Lottery News

Virginia Lottery retailers refuse to sell tickets to draw attention to skill games amendmentReply
So gambling with the lottery is OK, but gambling with a skill game is not? Many times I have seen people scratch games at the counter, buy more, scratch more, buy more, etc. I don't see any distinction between that and pressing buttons on a screen repeatedly. Seeing a distinction between those two things is where I think it turns from a logical debate into a debate on personal choices and of opinion. That's where I draw the line. I don't like arbitrarily preventing people from making choices in
Apr 18, 2024, 10:35 am - Todd - Lottery News

California Lottery announces group as winners of historic $1.765 billion Powerball jackpotReply
Cash value has been less than 50% for a while .. since interest rates started shooting up (big change from the COVID days of 83% :) But the hight interest rates is why the jackpots are so high (the return on annuity investments is earning a lot more.. 30 yr government bonds are over 4% now vs not much more than 2% during COVID
Mar 16, 2024, 6:28 am - kao1632 - Lottery News

Ireland Lottery advertising claims under scrutinyReply
Who were the Einsteins that negotiated the sale of the 20-year National Lottery licence, on behalf of the Irish Government? The committee said it noted that under the terms of the lottery licence, unclaimed prize money should be used solely for the promotion of the National Lottery, with the proviso that the promotion includes the funding of special draws and additional top-up prizes; and which may include incremental marketing and advertising of the National Lottery and/or Lottery Games .
Jan 25, 2024, 3:43 am - dannyct - Lottery News

$1.725 BILLION: Powerball jackpot now 2nd-largest of all timeReply
Ehhh....$1.72B or $1.725B or even $1.73B...Good enough for government work. Besides.....Whats a few Million between friends........
Oct 11, 2023, 9:11 am - CDanaT - Lottery News

One ticket sold in Florida is sole winner of $1.58 billion Mega Millions jackpotReply
What is the purpose of rigging a lottery drawing by the government and how exactly could they do this. They want it hit to collect the taxes one would think. You think it is rigged for certain states to win it. Not logical at all. You see the balls bouncing around in a plastic drum. How could they ever know what those are going to be ahead of time in such a short span of time between drawings how would they know what combinations are covered or not when then can still be purchased minutes before
Aug 11, 2023, 9:14 am - billybucks - Lottery News

Powerball lottery winner Edwin Castro's $25.5 million mansion nearly crushed by landslideReply
When the media, either through fires or mudslides shows these homes built precariously close to disaster it is no wonder insurance won't cover them. Had to chuckle when Marvisi said the government should cover the cost of home repair/debris removal. Fat chance, maybe your billionaire neighbor Castro could pay for it. As far as I've seen the city will clear debris only from public roads, not private property. Too bad so sad you're not entitled to one red cent Marvisi. OTOH Oregon lo
Apr 9, 2024, 12:16 pm - Bleudog101 - Lottery News