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One New Jersey ticket is sole winner of $1.13 billion Mega Millions jackpotReply
Congrats to the winner. Even though New Jersey has some of the highest state taxes, at least they've passed a law guaranteeing anonymity. I think at the end of the day, I'd be ok handing over an extra 1%-2% playing in a state that doesn't force me to jump through hoops to conceal my identity. And who knows, maybe the winners tax payment will go into filling a couple potholes in New Jersey.
Mar 27, 2024, 12:29 pm - DDBagger519 - Lottery News

Accusations of "disturbing" new claims procedures after Allwyn sends investigator to winner's homeReply
$4000/yr on State lotteries! Take that and instead invest in bitcoin in a Roth IRA account for the last 10 years. The amount in the retirement account would be greater than almost all jackpots. And taxes on gains would already be accounted for, so no tax bite of 40% to 50% like with a State lotto jackpot win.
Mar 11, 2024, 11:23 pm - Wavepack - Lottery News

Kentucky man out of debt for the first time in his life, thanks to $150,000 lottery winReply
QUESTION : Is the $42,000 that he paid off the top, the Federal and State INCOME TAX on $150,000 , or is it possibly his overdue property taxes , or is it the amount of mortgage he paid off ? I am asking b/c a $42,000 chunk out of $150,000 is a lot of money loss.
Mar 6, 2024, 7:35 pm - destinycreation - Lottery News

Tennessee: 2/1 - 2/29/2024Reply
It don't mean anything here in tn. I guess , but I got 444 as a quick pick today . lol Nothing sure but death and taxes .. I still think 333 and 555 are coming sometime.
Feb 25, 2024, 11:57 am - larry888 - Pick 3 Forum

Maryland: 2/1 - 2/29/2024Reply
Thanks for all the push back you are giving them! I am not seeing alot of tickets with the promo, 1 maybe 2 everytime I play, at the most. When you think about it, I am sure someone at MDlottery got a bonus for coming up with this idea. Anything MDlottery can do to increase tax income for the state. I am really surprised we have not seen a flood of double/double triples in the pick 4 which both would trigger taxes if the promo was applied.
Feb 15, 2024, 5:14 am - DELotteryPlyr - Pick 4 Forum

Illinois man celebrates Valentine's Day with $1 million lottery win three days after breakupReply
Yes, that 40% bite before taxes kick in would have me not purchasing this ticket anytime soon or ever actually. He should end up with closer to 400k though. He should have take the 20 yearly checks and netted 34,500.00 a year.
Feb 14, 2024, 6:44 pm - billybucks - Lottery News

Maryland: 2/1 - 2/29/2024Reply
Any SINGLE ticket up to $5K. What you do is if you have let's say 20 straight P4's you don't cash them all at once because the agent+ bank account might get hurt, you simply cash 1 or 2 a day from different agent+'s and voila you have a fat bank account and you'll collect your 1009G's and do your taxes when the time comes....it is what I do when get multiples.
Feb 13, 2024, 9:01 pm - jarasan - Pick 4 Forum

Father buys winning $1 million lottery ticket while wife waits in hospital with newbornReply
Oh and the best part about this story, unlike in the free and great USA, he's getting the exact amount. No taxes and no falsely advertised prize. What he won is what he gets, as it should be and is in pretty much every country on earth.
Feb 1, 2024, 11:02 am - thaencyder - Lottery News

NY Dream Team 2024Reply
I didn't catch the midday p3, but I did manage to catch 4/5 on the midday Take5!! Now I wait for them to send me my ticket so I can cash it pay taxes on it. lol
Jan 23, 2024, 6:17 pm - mrsd446 - Pick 3 Forum

Washington, D.C. woman wins $2 million Powerball prize from lottery ticket gifted to her by husbandReply
Wow. You are greedy. $2 million even before taxes is life changing for people. If it isn't, they didn't need the money anyway.
Jan 10, 2024, 5:53 am - Artist77 - Lottery News