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After alleged lottery ticket theft, store banned from ticket sales

Topic closed. 22 replies. Last post 10 years ago by RJOh.

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Lurk More N00b's avatar - ummm
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Posted: March 2, 2007, 2:19 pm - IP Logged

You may be right, RJ. I may have been a bit hasty in judging the store owner's so harshly based only on the original story, as I am wont to do from time to time. Cooler heads shall prevail, after all.

    justxploring's avatar - villiarna
    Wandering Aimlessly
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    Posted: March 2, 2007, 2:47 pm - IP Logged

    I think once the full story comes out, it may reveal both the store owner and the customer had dirty hands. Anyone who read their ticket close enough to know they have won $1000 probably also read the cashing instructions on the back of the ticket close enough to know the store couldn't cash a ticket worth more than $599. 

    I've heard of people selling lottery tickets of that prize amount to avoid going to a bank, showing ID and reporting the winnings as income.

    Last year, Judge Judy had a NY case where someone asked someone else to cash in their winning ticket worth $1000 claiming they didn't have proper ID and the person only gave them back $500 so they sued for the rest.  Judge Judy after a short lecture on people trying to be slick concluded they both had dirty hands and threw the case out.

    I Agree!

    That's what I was saying in my above post, RJOh. The whole story sounds a bit fishy to me.  By the way, I saw Judge Judy on Larry King a couple of times and was very impressed with her, although I really haven't followed her tv show. 

    On another subject, it's interesting that you brought up Judge Judy.  We're always talking about what it would be like to be wealthy & famous after winning the lottery.  According to Forbes, Judge Judy earned $28 million in 2005 (and I'm not including the income of her husband, Judge Gerry who also had a TV show & served on the NY Supreme Court.)  I've worked in stores where she shops. I have a couple of friends who work in salons where she's gotten a facial or a hair cut.  This is why I don't understand all the hooplah about "OMG!  How am I going to live with all this money and stay sane?" or the stories about people's lives destroyed by having money, when many jackpots aren't even close to what a celebrity makes in a year!  I don't personally know anyone famous,  but I always read about people running from the press and fighting with the paparazzi.  Yet I've never seen any bodyguards following Judge Sheindlin and she shops at outlet stores and thrift shops.    

      csfb's avatar - Lottery-001.jpg

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      Posted: March 2, 2007, 3:10 pm - IP Logged

      I think once the full story comes out, it may reveal both the store owner and the customer had dirty hands. Anyone who read their ticket close enough to know they have won $1000 probably also read the cashing instructions on the back of the ticket close enough to know the store couldn't cash a ticket worth more than $599. 

      I've heard of people selling lottery tickets of that prize amount to avoid going to a bank, showing ID and reporting the winnings as income.

      Last year, Judge Judy had a NY case where someone asked someone else to cash in their winning ticket worth $1000 claiming they didn't have proper ID and the person only gave them back $500 so they sued for the rest.  Judge Judy after a short lecture on people trying to be slick concluded they both had dirty hands and threw the case out.

      I agree.  The basic rule is, he who comes to court must not come with "unclean hands".  He who seeks justice, must give justice.  He who seeks equity,must give equity.  Otherwise, the court leaves the parties where she found them.

               Sun Smiley             

        RJOh's avatar - chipmunk
        mid-Ohio
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        March 24, 2001
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        Posted: March 2, 2007, 6:59 pm - IP Logged

        I Agree!

        That's what I was saying in my above post, RJOh. The whole story sounds a bit fishy to me.  By the way, I saw Judge Judy on Larry King a couple of times and was very impressed with her, although I really haven't followed her tv show. 

        On another subject, it's interesting that you brought up Judge Judy.  We're always talking about what it would be like to be wealthy & famous after winning the lottery.  According to Forbes, Judge Judy earned $28 million in 2005 (and I'm not including the income of her husband, Judge Gerry who also had a TV show & served on the NY Supreme Court.)  I've worked in stores where she shops. I have a couple of friends who work in salons where she's gotten a facial or a hair cut.  This is why I don't understand all the hooplah about "OMG!  How am I going to live with all this money and stay sane?" or the stories about people's lives destroyed by having money, when many jackpots aren't even close to what a celebrity makes in a year!  I don't personally know anyone famous,  but I always read about people running from the press and fighting with the paparazzi.  Yet I've never seen any bodyguards following Judge Sheindlin and she shops at outlet stores and thrift shops.    

        Judge Judy and other wealthy people don't live ,shop or travel in circles where grown people have their hands out expecting something for nothing or are trying to slick someone out of their money instead of getting a job so they has no need to fear them. 

        However people who lived around such people or even act that way themselves know if they ever win a lottery jackpot, there be be those around them who will think it's unearned or free money that should be shared with friends, family and anyone else who have their hands out.

         * you don't need to buy more tickets, just buy a winning ticket * 
           
                     Evil Looking       

          TheGameGrl's avatar - character catafly.jpg
          A long and winding road
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          Posted: March 2, 2007, 7:53 pm - IP Logged

          Rjoh, thank you for filling in the fact that your group was well to do prior. Not sure how your  co workers had to end up paying out 55% in federal tax, but hey, they must of worked aLOT of overtime. In my state they pre-deduct the first 25% of federal so a person doesnt have to pay such high amounts ...So if your associates had to pay in 30% more for a jackpot claim after having the first 25% deducted,Id suggest getting a new accountant or finding a better calculator. Federal is capped between  33-38%...

          My suggestion of banking a certain percentage is noteworthy and most accountants would advise such. 

          ~~Is it true, Is it kind,Is it necessary. ~~~

          christmas holly jolly numbers: 255,303,6911, 474,477 silver:47,gold:79.

            RJOh's avatar - chipmunk
            mid-Ohio
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            Posted: March 2, 2007, 8:14 pm - IP Logged

            Rjoh, thank you for filling in the fact that your group was well to do prior. Not sure how your  co workers had to end up paying out 55% in federal tax, but hey, they must of worked aLOT of overtime. In my state they pre-deduct the first 25% of federal so a person doesnt have to pay such high amounts ...So if your associates had to pay in 30% more for a jackpot claim after having the first 25% deducted,Id suggest getting a new accountant or finding a better calculator. Federal is capped between  33-38%...

            My suggestion of banking a certain percentage is noteworthy and most accountants would advise such. 

            My co-workers weren't in the 55% bracket but  in the 25%-32% bracket and they weren't willing to be out $50-$75 for co-workers who were making good money.  They just preferred if they were going to be out any money it helped a college student of one of the pool members and everybody was happy with that idea.  I'm sure had the pool been willing to set aside 35% of the prize money to paid the extra taxes someone in the pool would have cashed in the ticket.

             * you don't need to buy more tickets, just buy a winning ticket * 
               
                         Evil Looking       

              jarasan's avatar - new patrick.gif
              Harbinger
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              Posted: March 2, 2007, 9:59 pm - IP Logged

              MD. has retailer plus stores,  they cash up to $5K tickets, you can cash $5K all day long.  You show your drivers license fill out a form they give you a check for $5K, one week later you get a w-2G from state of MD with all the ticket info and $5K taxable income.  You then settle taxes at the end of the year.  Anything more you to headquarters. MD P4's, P3's  all print on separate tickets you can't have a P3 or P4 worth more than $5K each (keeps the lottery retailers busy and making money).

               LOL jarasan

                RJOh's avatar - chipmunk
                mid-Ohio
                United States
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                March 24, 2001
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                Posted: March 4, 2007, 2:34 pm - IP Logged

                MD. has retailer plus stores,  they cash up to $5K tickets, you can cash $5K all day long.  You show your drivers license fill out a form they give you a check for $5K, one week later you get a w-2G from state of MD with all the ticket info and $5K taxable income.  You then settle taxes at the end of the year.  Anything more you to headquarters. MD P4's, P3's  all print on separate tickets you can't have a P3 or P4 worth more than $5K each (keeps the lottery retailers busy and making money).

                 LOL jarasan

                Then they can't post signs stating they don't keep a lot of cash to discourage potential robbers.

                LOL RJOh

                 * you don't need to buy more tickets, just buy a winning ticket * 
                   
                             Evil Looking