Connecticut to audit lottery winners for back taxes
After successfully targeting deadbeat parents, the state of Connecticut is going after tax evaders' lottery winnings.
Beginning Dec. 31, a new law will take effect requiring the Connecticut Lottery Corporation to deduct delinquent taxes, crosschecked with the Department of Revenue Services, from any claim of $5,000 or more.
If someone is lucky enough to win a lottery prize and they also owe back taxes, it is reasonable to collect those taxes at that time, co-sponsor Rep. Gerald Fox, D-Sta ...
Dec 20, 2011, 7:42 am - Lottery News forum
Online poker advocates say legalizing won't hurt lotteries
A casino-backed group pushing for federal legislation to make online poker explicitly legal says regulating online card play nationwide won't hurt state lotteries.
Fair Play USA released a data analysis on Tuesday that showed no correlation between spikes and dips in the online poker market with changes in revenues for state lotteries.
Eugene Christiansen, a founding partner with the firm that wrote the analysis, Christiansen Capital Advisors, LLC, said the data showed that poker and lotte ...
Dec 7, 2011, 10:29 am - Lottery News forum
Ct. to deduct back taxes from lottery winnings
Stamford resident's idea inspired legislation
Legislation (HB6270), introduced by State Representative Gerald Fox III (D-Stamford) requiring the Connecticut Lottery to deduct delinquent taxes and penalties before distributing a lottery prize of $5,000 or more to a winner, was ceremoniously signed into law Friday by Governor Dannel Malloy at the State Capitol.
The new law applies to winning lottery tickets redeemed on or after January 1, 2012. There is currently about $400 million in state ...
Aug 15, 2011, 6:02 pm - Lottery News forum
Starved state budgets prompt new interest in online gambling
The District of Columbia is not thrilled that its residents are traveling to Maryland, Pennsylvania and West Virginia to gamble in casinos. Starved for cash, like states across the country, the district wants some of the millions in revenue that gambling generates each year.
So district officials want residents to gamble closer to home inside their homes, actually. Or in cafes, restaurants and bars. By year's end the district hopes to introduce an Internet gambling hub that would allow Washin ...
Aug 14, 2011, 5:05 pm - Lottery News forum
Mass. state senator wants online lottery ticket sales
A Beacon Hill push under way today to sell Massachusetts Lottery tickets online which backers say could boost cash-strapped state coffers by as much as $1 billion a year is getting strong support from an unlikely corner liberal icon U.S. Rep. Barney Frank.
I don't understand why liberals think they're supposed to tell people not to gamble, Frank told the Herald yesterday. They favor gay marriage, legalization of marijuana and sex-oriented literature, but not gambling. It's totally inconsiste ...
Jul 19, 2011, 11:25 am - Lottery News forum
Assemblywoman wants N.J. lottery drawings back on TV
New Jersey Assemblywoman Bonnie Watson Coleman (D-Mercer) announced today she will introduce a bill requiring NJTV to broadcast the New Jersey lottery drawings.
Since July 1, the New Jersey Lottery has been streaming its daily lottery drawings only on its Web site and on its Facebook page.
Watson Coleman wants the drawing to be available on the state's public television network. NJTV is the private nonprofit that replaced New Jersey Network earlier this month.
Not everyone owns or has ...
Jul 11, 2011, 4:18 pm - Lottery News forum
Ohio Senate bill includes privatizing lottery
Critics say gaming corp. drafted language
The Ohio Senate's latest version of the state budget bill includes language to privatize the Ohio Lottery that is nearly identical to legislation drafted by a gaming company hoping to manage the $2.5 billion agency's day-to-day operations.
The language, drafted by GTECH, an industry giant that once ran the Ohio Lottery's back-office operations, was added to the massive budget bill virtually unchanged and without any public hearing. The inclusion of ...
Jun 2, 2011, 7:21 am - Lottery News forum
New Hampshire repeals taxes on lottery prizes
Lottery commission celebrates with Tax Repeal Tea Party
Starting Monday, New Hampshire residents no longer have to pay taxes on their lottery winnings.
The state imposed a 10 percent tax on gambling winnings over $600 in 2009, but the tax was repealed by the current Legislature under a bill going effect Monday.
Gov. John Lynch last week signed into law the bill repealing the tax, which officials said hurt the racetrack and battered lottery sales after the state enacted it two years ago ...
May 22, 2011, 10:52 pm - Lottery News forum
Ct. Senate votes to collect delinquent taxes from lottery winnings
Connecticut state Senator Carlo Leone (D-Stamford) said Thursday that the Senate has approved a bill he co-sponsored that would deduct delinquent taxes from certain awards paid to Connecticut Lottery winners.
Allowing lottery winners who don't pay their taxes to collect prizes without contributing what they owe is unfair to everyone else who plays by the rules, said Senator Leone. Our state is in the middle of a fiscal crisis, and we are asking everyone to sacrifice in order to resolve it. N ...
May 15, 2011, 8:48 am - Lottery News forum
D.C. first in USA to offer Internet gambling
The District of Columbia is becoming the first U.S. jurisdiction to allow Internet gambling, trying to raise millions of dollars from the habits of online poker buffs and acting ahead of traditional gambling meccas like New Jersey and Nevada.
Permitting the online games was part of the 2011 budget and a 30-day period for Congress to object expired last week, said D.C. Council member Michael A. Brown, who authored the provision. The gaming would be operated by Intralot, a Greece-based company, ...
Apr 12, 2011, 7:52 pm - Lottery News forum