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Pa. man pleads guilty in bizarre lottery tax case

Topic closed. 73 replies. Last post 4 years ago by mjwinsmith.

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geerod2001's avatar - DiscoBallGlowing
canton,georgia
United States
Member #67345
November 23, 2008
28 Posts
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Posted: September 28, 2012, 10:17 pm - IP Logged

Dear Lottery Players;


You can avoid paying any/all income taxes on your winnings by knowing how to endorse(sign) the lottery check before depositing into an account.

Make a "Demand for Lawful Money"on the back of the check, eliminating the use of  Federal Reserve Notes,which eliminates the IRS tax liability on YOU the winner !!!!!!


There's plenty of information out there on this subject matter.........READ and LEARN people.US Flag


    United States
    Member #116268
    September 7, 2011
    20244 Posts
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    Posted: September 28, 2012, 10:32 pm - IP Logged

    Dear Lottery Players;


    You can avoid paying any/all income taxes on your winnings by knowing how to endorse(sign) the lottery check before depositing into an account.

    Make a "Demand for Lawful Money"on the back of the check, eliminating the use of  Federal Reserve Notes,which eliminates the IRS tax liability on YOU the winner !!!!!!


    There's plenty of information out there on this subject matter.........READ and LEARN people.US Flag

    Funny you should mention this   geerod2001,

    because the courts determined that federal reserve notes are "lawful money" in 1974, which upheld court rulings from 1874.........  Feel free to read about it for yourself........

    http://www.federalreserve.gov/faqs/money_15197.htm

      Coin Toss's avatar - shape barbed.jpg
      Zeta Reticuli Star System
      United States
      Member #30470
      January 17, 2006
      10351 Posts
      Offline
      Posted: September 29, 2012, 1:05 am - IP Logged

      Dear Lottery Players;


      You can avoid paying any/all income taxes on your winnings by knowing how to endorse(sign) the lottery check before depositing into an account.

      Make a "Demand for Lawful Money"on the back of the check, eliminating the use of  Federal Reserve Notes,which eliminates the IRS tax liability on YOU the winner !!!!!!


      There's plenty of information out there on this subject matter.........READ and LEARN people.US Flag

      geerod2001,

      That's the kind of stuff Irwin Schiff used to teach.

      Look him up and see what you find.

      The difference between tax avoidance and tax evasion?

      About 5 to 20 years.

      As for the guy in the OP, you think he would have learned something when he won the car.

      Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

      Lep

      There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

        OldSchoolPa's avatar - Lottery-057.jpg
        Gurnee, Illinois
        United States
        Member #49731
        February 12, 2007
        917 Posts
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        Posted: September 29, 2012, 7:14 am - IP Logged

        Yes, that is the "Hope" the I.R.S. is banking on and the "Change" we citizens don't want to move "Forward" which will take us backward. Just cut the spending dude, Mr. President!

        Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

        The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

          Avatar
          Texas
          United States
          Member #132455
          September 4, 2012
          483 Posts
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          Posted: September 29, 2012, 10:05 am - IP Logged

          I feel so sad about this, but the man should be punished for what he have done.  Just remember that paying taxes is our obligation as a citizen.  Every one is obliged to do that.

            whiteballz's avatar - Lottery-015.jpg
            Nutley, New Jersey
            United States
            Member #131058
            August 1, 2012
            875 Posts
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            Posted: September 29, 2012, 12:47 pm - IP Logged

            I feel so sad about this, but the man should be punished for what he have done.  Just remember that paying taxes is our obligation as a citizen.  Every one is obliged to do that.

            True fact: George Washington, Thomas Jefferson and the other founding fathers didn't pay income tax. Income tax is a relatively new annoyance for American citizens. I'm not excusing Sherman Friend for what he did but paying taxes has little to do with patriotism.

            .

              Coin Toss's avatar - shape barbed.jpg
              Zeta Reticuli Star System
              United States
              Member #30470
              January 17, 2006
              10351 Posts
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              Posted: September 29, 2012, 7:26 pm - IP Logged

              What is now the Federal Income Tax started as a temporary tax to finance America's involvement in WW I.

              Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

              Lep

              There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                RedStang's avatar - tallman zps6gf4inoc.jpg
                NY
                United States
                Member #121961
                January 21, 2012
                3157 Posts
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                Posted: September 29, 2012, 7:45 pm - IP Logged

                What about the peeps that signed the ticket. They must of testified to get off easy.

                  Original Bey's avatar - Lottery-022.jpg

                  Bahamas
                  Member #133462
                  September 30, 2012
                  5946 Posts
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                  Posted: September 30, 2012, 6:25 pm - IP Logged

                  "But for the life of me..50 cent tickets? $104.00 on 1 number."

                  Folks round here would say "he knowed somethin'."

                  But then he got greedy.

                  Reminds me of the guy who wagered $700 on 2912 after dreaming about his mother. His mom and my mom shares the same D.O.B.  Needless to say he and I are not on speaking terms after that.

                  "Everything works  ONCE!"

                    rdgrnr's avatar - walt
                    Way back up in them dadgum hills, son!
                    United States
                    Member #73904
                    April 28, 2009
                    14903 Posts
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                    Posted: September 30, 2012, 6:40 pm - IP Logged

                    Reminds me of the guy who wagered $700 on 2912 after dreaming about his mother. His mom and my mom shares the same D.O.B.  Needless to say he and I are not on speaking terms after that.

                    Yeah, I remember that guy.

                    He "knowed something" too.

                      Artist77's avatar - batman14

                      United States
                      Member #121745
                      January 16, 2012
                      4791 Posts
                      Online
                      Posted: September 30, 2012, 7:25 pm - IP Logged

                      Yeah, I remember that guy.

                      He "knowed something" too.

                      lol I knowed something too. All lottery winners are shape shifting reptiles.

                      J'aime La France.


                        United States
                        Member #123632
                        February 25, 2012
                        156 Posts
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                        Posted: October 1, 2012, 7:42 am - IP Logged

                        In Washington State taxes are only taken out if your win is over $5000

                        So when you go cash your ticket in as I have they tell you that you are responsible to pay the taxes on the money and they hand you a check for the full amount.


                          United States
                          Member #123632
                          February 25, 2012
                          156 Posts
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                          Posted: October 1, 2012, 7:47 am - IP Logged

                          Lets not forget that this country was built on the revenue of the lottery dating back hundreds of years.

                            mjwinsmith's avatar - moon

                            United States
                            Member #391
                            June 8, 2002
                            16067 Posts
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                            Posted: October 10, 2012, 12:33 pm - IP Logged

                            I think it would be so stupid to put this guy in jail, guess who pays for the jail time, taxpayers (You and I).

                            Now if they calculated the cost to keep him in jail and add that amount to the interest and penalties he owes on the taxable amount and made him pay that too, now that would be justice!.

                            "Don't be a Dummy, Make 'Dat Money"

                            Mjwinsmith's Blog Page:   http://blogs.lotterypost.com/mjwinsmith/

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