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Winner of $95 million Lotto Texas lottery jackpot gamed the odds to winReply
Actually you are only half right and half wrong. Using a courier service in another state that doesn't tax the Lottery win other than the required Federal Tax in that state doe not require you to pay a State Lottery Tax in your home State. You can claim your winnings in a state that does not collect state taxes along with the Federal Taxes, but in the State you reside in you will only pay State Income Taxes based off of your Federal Income Tax Filing, and you may have to show cause for the Addit
Apr 29, 2024, 3:29 pm - Onelast8 - Lottery News

Winner of $95 million Lotto Texas lottery jackpot gamed the odds to winNews Story
New Jersey based group turned the odds to win in their favor By Kate Northrop Around this time one year ago, the Texas Lottery's Lotto Texas jackpot was bursting at the seams, boasting the game's third-largest prize ever at a mouthwatering $95 million. One New Jersey-based group gamed the odds to win the jackpot. Following a seven-month period without a winner, the Lotto Texas jackpot had ballooned to $95 million for the drawing on April 22, 2023, the game's largest in over 12 years.
Apr 28, 2024, 12:38 pm - Todd - Lottery News

Winner of $95 million Lotto Texas lottery jackpot gamed the odds to winReply
the jackpot would actually be worth $57.8 million. ... there is a top federal income tax rate of 37%. That cuts the cash value amount to around $36.4 million. After spending almost $26 million on every possible number combination, that leaves the purchasing group with a $10 million profit If you spend $26 million in tickets the taxable income from winning $57.8 million is $31.8 million. If you pay 37% tax on every dollar of that you're profit is a hair over $20 million. If it was all taxed
Apr 30, 2024, 1:27 am - KY Floyd - Lottery News

$1.3 billion Powerball winner revealed by Oregon Lottery as three people splitting jackpotReply
This guy had no idea what he wanna do with that money! looks like big money for wrong person! Why should an entrepreneur or inventor never win the lottery! Consider this scenario: someone who had a vision for few million dollars. Suddenly, they win 400 million, and they're clueless about what to do with it! On the other hand, entrepreneurs or inventors often struggle through numerous hurdles to secure just $10,000 in investment. With lottery winnings, they could potentially create
May 1, 2024, 5:07 pm - Albert001 - Lottery News

$1.3 billion Powerball winner revealed by Oregon Lottery as three people splitting jackpotReply
Sadly, 99.99 percent of lottery winners only prioritize their personal lives and families, and this becomes their primary challenge. When I play the lottery, I have me in mind. I don't play for the benefit of my neighbors or society at large. Once someone duly pays their due taxes, that's all they need to do for society - that's more than enough. They give 37% to society and more depending on the state. Honestly if that's not enought giving to society, I don't know what is. It's the
May 1, 2024, 8:25 pm - JustMaybe - Lottery News