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Illinois lottery players crossing border to play in other states

Topic closed. 36 replies. Last post 1 year ago by Coin Toss.

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Maryland
United States
Member #162434
January 2, 2015
887 Posts
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Posted: October 17, 2015, 5:49 pm - IP Logged

Just bought my Mega Millions tickets in Lake Geneva, WI this past Thursday for 8 draws -  I am good thru 11/10/15.  It's only a 45 min drive one way & if I win I will save on state taxes.  WI is  @ 5.000% vs IL is @6.125%.  On a Grand Prize winning of 100 million, I save over a million in state taxes.  It's a Win Win situation.

P.S.  Wisconsin does not pass out I.O.U.'s............................................................

Think Smart, Play Smart....................................................................................

Illinois State Legislators need to WAKE up & WISE up.............................................................

Just Think if all winners of prizes over $600.00 joined the class action Law suit against the STATE OF ILLINOIS.............................

Think you have problems now ------- Just Wait..........................

Good for you!!! That might be what forces them to 'fix' this.  If they start seeing a bunch of people from IL winning in other states, see how they feel missing the tax income!! 

    maximumfun's avatar - Lottery-030.jpg
    Lavender Rocket

    United States
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    March 16, 2012
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    Posted: October 17, 2015, 8:49 pm - IP Logged

    Can the lottery powers that be kick Illinois out of the PB & MM?

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      Kentucky
      United States
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      February 14, 2006
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      Posted: October 17, 2015, 11:30 pm - IP Logged

      Can the lottery powers that be kick Illinois out of the PB & MM?

      Even the latest problem, not paying prizes over $600 is because of the state budget. There is no benefit to MM, PB, or the players if Illinois stopped selling tickets.

        CSense's avatar - villiarna
        New Member
        East Coast
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        August 15, 2015
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        Posted: October 17, 2015, 11:31 pm - IP Logged

        Confused Something does not smell right. I think that there will be a revelation soon that will make the national news. Illinois' government is hiding something.Mad

        I truly agree and was thinking about Chicago, Illinois' history which was full of corruptions in local government agencies going back to the beginning of the 20 century. Make some of us who know that state's history in the past see that something definitely not right. Kudos to the people there getting smart and buy their lottery tickets in other states which is the Illinois' lottery people's loss.

        Always pay forward, it's a good start in life that make everybody happy.

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          April 9, 2005
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          Posted: October 18, 2015, 8:53 am - IP Logged

          Why on earth would anyone support this foolishness???  I know it's the old lottery mentality "what if my numbers come when I don't play"???  Are the retailers being reimbursed for the payouts less than $600?  I'm think I found out though that payouts less than $600 come out of the retailers budget anyway; I'm not quite clear on that though?  People you have to stand up for yourself at some point!  But, people don't do that anymore because they are scared to go against the "PC" politically correct crowd!

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            Framingham,Ma
            United States
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            February 23, 2010
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            Posted: October 18, 2015, 10:13 am - IP Logged

            as for the taxes you think you will save...I think the taxes are still paid in the state in which you own or rent not where you buy the tickets. I could be wrong but don't think so.

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              Farmington Hills
              United States
              Member #46576
              September 15, 2006
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              Posted: October 18, 2015, 5:29 pm - IP Logged

              This is why, when I'm faced with taking a lump-sum over annual payments, I'll choose the former. If you've ever wondered if the government can be trusted to live up to their obligations to you, you now have your proof. I'm cynical enough to suspect this won't be the last example.

              How many former Illinois lottery winners who are taking annual payments are caught up in this crime?

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                Baton Rouge, LA
                United States
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                May 7, 2004
                699 Posts
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                Posted: October 18, 2015, 7:15 pm - IP Logged

                Just bought my Mega Millions tickets in Lake Geneva, WI this past Thursday for 8 draws -  I am good thru 11/10/15.  It's only a 45 min drive one way & if I win I will save on state taxes.  WI is  @ 5.000% vs IL is @6.125%.  On a Grand Prize winning of 100 million, I save over a million in state taxes.  It's a Win Win situation.

                P.S.  Wisconsin does not pass out I.O.U.'s............................................................

                Think Smart, Play Smart....................................................................................

                Illinois State Legislators need to WAKE up & WISE up.............................................................

                Just Think if all winners of prizes over $600.00 joined the class action Law suit against the STATE OF ILLINOIS.............................

                Think you have problems now ------- Just Wait..........................

                Smart move. What's the point of buying a ticket if winnings won't be paid?

                As for taxes, you probably have to pay taxes to the state you live in regardless of where the income comes from. Depending on tax laws in IL and WI, you may end up owing in both states. In my state, Louisiana, if I have to pay income taxes to another state and I resided in Louisiana the entire year, I can take a non-refundable credit on my Louisiana state income taxes for what I paid to the other state. However, I'd still have to claim the income on my Louisiana state taxes and even with the credit, who knows what I could end up owing? Of course, the IRS gets their share no matter what state you win in from.

                No way to avoid taxes.

                Prisoner Six

                "I am not a number, I am a free man!"

                  Candy-Lane's avatar - yocco

                  United States
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                  Posted: October 18, 2015, 7:45 pm - IP Logged

                  Who can blame them?!  I now if I lived in IL I would be doing the same thing!

                  If anyone was ever wondering whether to take the annuity or cash option should they hit the lottery jackpot, I think it should be quite clear that the cash option is the only way to go.  Smile

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                    The Quantum Master
                    West Concord, MN
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                    Posted: October 18, 2015, 8:02 pm - IP Logged

                    Presented 'AS IS' and for Entertainment Purposes Only.
                    Any gain or loss is your responsibility.
                    Use at your own risk.

                    Order is a Subset of Chaos
                    Knowledge is Beyond Belief
                    Wisdom is Not Censored
                    Douglas Paul Smallish
                    Jehocifer

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                      Chief Bottle Washer
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                      Posted: October 18, 2015, 8:25 pm - IP Logged

                      A WarGames reference, fantastic!  Thumbs Up

                       

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                        Kentucky
                        United States
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                        February 14, 2006
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                        Posted: October 18, 2015, 11:36 pm - IP Logged

                        Why on earth would anyone support this foolishness???  I know it's the old lottery mentality "what if my numbers come when I don't play"???  Are the retailers being reimbursed for the payouts less than $600?  I'm think I found out though that payouts less than $600 come out of the retailers budget anyway; I'm not quite clear on that though?  People you have to stand up for yourself at some point!  But, people don't do that anymore because they are scared to go against the "PC" politically correct crowd!

                        MM and PB sales are down, but because the pick-3 payoffs are less than $600, those sales might not be down. If players believe their BP and MM will be drawn, they can still buy those tickets in a neighboring state.

                        It's easy to say the people should stand up, but will they at election time or will they blame the "other" assembly members?

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                          Maryland
                          United States
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                          January 2, 2015
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                          Posted: October 19, 2015, 6:04 am - IP Logged

                          MM and PB sales are down, but because the pick-3 payoffs are less than $600, those sales might not be down. If players believe their BP and MM will be drawn, they can still buy those tickets in a neighboring state.

                          It's easy to say the people should stand up, but will they at election time or will they blame the "other" assembly members?

                          yea elections are a whole other 'animal' ....Unhappy

                            dpoly1's avatar - driver
                            PA
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                            October 16, 2008
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                            Posted: October 19, 2015, 10:13 am - IP Logged

                            ROTFLOLing

                            Dance

                            dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

                             

                            Eschew Poverty ........... Vote Conservative!

                              Raven62's avatar - binary
                              New Jersey
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                              Posted: October 19, 2015, 10:54 am - IP Logged

                              I truly agree and was thinking about Chicago, Illinois' history which was full of corruptions in local government agencies going back to the beginning of the 20 century. Make some of us who know that state's history in the past see that something definitely not right. Kudos to the people there getting smart and buy their lottery tickets in other states which is the Illinois' lottery people's loss.

                              Why Is Illinois So Corrupt?

                              The spirit of unrestrained self-interest expressing itself in a particular kind of politician, one who see's government not as a noble calling but as an opportunity for advancement and enrichment. Instead of serving the public interest, government is about power and control, personal advantage, and personal gain.

                              A mind once stretched by a new idea never returns to its original dimensions!