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One Michigan lottery ticket wins $842.4 million Powerball jackpotReply
What's the alternative. No lottery. Everyone knows the lump sum is all that is in a jackpot. The lure is what the annuity would be is the jackpot you see. Taxes are taxes. No escaping the taxes. You just accept what you get and be happy about it. They are not about to all of a sudden announce, no more taxes on excessive lottery winnings.
Jan 4, 2024, 9:20 pm - billybucks - Lottery News

Nebraska single father's salad run results in $1 million Mega Millions lottery winReply
How much he will get after taxes,somebody tells me ...
Apr 10, 2024, 11:22 pm - Petrust99 - Lottery News

Kentucky woman quits job after winning $90,000 in the lotteryReply
right....the check listed is before state and federal taxes dear
Apr 6, 2024, 2:27 pm - pantherestates - Lottery News

Michigan woman finds out through Facebook that she won $1 million Powerball lottery prizeReply
The standard 450k if the lump sum is taken and the taxes all taken out.
Mar 13, 2024, 11:16 pm - billybucks - Lottery News

Michigan woman finds out through Facebook that she won $1 million Powerball lottery prizeReply
I want to know how much she will get for 1 million prize after taxes ???
Mar 13, 2024, 8:55 pm - Petrust99 - Lottery News

Kentucky man out of debt for the first time in his life, thanks to $150,000 lottery winReply
That was for taxes, and frankly because it's only 28% of the original prize, he will undoubtedly owe some more taxes on the prize by April 15th of next year.
Mar 7, 2024, 6:16 am - Todd - Lottery News

30 Kentucky middle school employees win $1M Powerball prize, hid lottery ticket in math textbookReply
About $24K each after taxes. Nice!
Feb 5, 2024, 5:28 am - Wavepack - Lottery News

North Carolina woman collapses on live TV after becoming first Powerball millionaire of the yearReply
After taxes, she can buy entry level housing in Florida.
Jan 1, 2024, 10:23 pm - gatorsrok - Lottery News

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

Maryland: 2/1 - 2/29/2024Reply
What is the obsession with the taxes? Like the lottery guy Jim wrote, your individual tax situation determines how much of your winnings are going to be taxed, period. Those 1099G's are income, if you have any $600.00+ 1099G winnings you need to itemize and take deductions, you can deduct gambling loses up to the amount you won, ALWAYS KEEP YOUR LOSING TICKETS as proof for your deductions. If you win win $800 you will receive $800 from the retailer, then when tax time comes around you add it to
Feb 15, 2024, 9:29 am - jarasan - Pick 4 Forum