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N.H. supermarket donates lottery commission to charity

Topic closed. 18 replies. Last post 3 months ago by basil19.

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United States
Member #93164
June 23, 2010
1322 Posts
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Posted: September 3, 2016, 2:32 pm - IP Logged

I wonder what was the donation was for?

I hope that one $2 ticket is the only one that matches all 5 numbers plus the Powerball to win the largest Powerball Jackpot in United States history of over $2 Billion Dollars!

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    USA
    United States
    Member #172127
    January 16, 2016
    99 Posts
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    Posted: September 4, 2016, 8:37 am - IP Logged

    I wonder what was the donation was for?

    YIKES! Where does 1 begin? How about READ the STORY! They Donated the money to Local food Banks to FEED the HUNGRY.

    I can't believe the Store was only paid $75,000. for selling a winning ticket of almost a 1/2 BILLION Dollars, Guess every State is Different?

    How do any of you know that the Employees don't already receive a Christmas Bonus, Party where they receive money, or Gifts they can return for the money, maybe even a gift card for the store they work in to purchase food?

    Maybe they asked the Employees what they wanted to do with the money an this was their Idea! 

    Every Grocery Store around here has Huge Donation boxes for the Holiday Season and/or you can Donate Money for Perishable Items also, Generally all Sporting, Concerts an other events take non-perishable Donations for money off ticket prices or they tell you it canned food drive today whatever?

    HAPPY HOLIDAYS, BE SAFE & GOOD LUCK Y'ALL Sad Wavey

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      NY
      United States
      Member #23835
      October 16, 2005
      3474 Posts
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      Posted: September 5, 2016, 1:12 am - IP Logged

      Chain stores donating special commissions  for selling big winners is fairly common. There's a regional chain in my area that has done it several times. Usually they choose charitable causes in the area of the store that sold the winning ticket.

      The "tax benefit" they get is that they just have $100k less taxable income than they would have if they kept the money. Since they don't pay 100% tax that means they end up with less net profit than if they had kept the money, but the same net profit as if they had spent the money on employee wages or a bunch of new shopping carts.

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        United States
        Member #97951
        September 28, 2010
        241 Posts
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        Posted: September 6, 2016, 1:40 pm - IP Logged

        Give and share what you already have wisely.If we all work in a circle of adults holding hands together all needs would be met . The love of money is the root of all evil because we don't share and give ,  but if we did no one would do evil to get it. There's nothing wrong with desiring to become rich its the way to become rich that can be evil. You can make a difference.