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Pa. couple claimed $121.6 million Powerball jackpot on ticket purchased in Delaware

Feb 16, 2017, 1:16 pm

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PowerballPowerball: Pa. couple claimed $121.6 million Powerball jackpot on ticket purchased in DelawareRating:

A Pennsylvania couple are winners of $121.6 million on a Powerball ticket purchased in Delaware in December.

Lottery officials did not disclose exactly where in the state the couple reside and said they wish to remain anonymous. 

They matched all five white balls plus the red Powerball in the December 17 drawing, lottery officials said. The winning ticket was purchased in Selbyville, about 25 miles south of Rehoboth Beach.

The couple selected the $72.1 million cash option and collected their winnings, minus 25 percent tax, last month in Dover.

The man, who has been playing the Delaware Lottery since its inception in 1975, normally plays Powerball and Mega Millions when the jackpots get large, according to lottery officials. He has played the same numbers for several years.

The woman said she and her husband plan to make donations to schools and other charities. She said they travel a lot and have been thinking about purchasing an RV.

"Winning is not going to change me," the woman told lottery officials. "I told him I don't want us to be different because of the money. We are very blessed to win."

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19 comments. Last comment 4 years ago by dallascowboyfan.
Page 1 of 2

Germany
Member #164597
March 8, 2015
803 Posts
Offline

Winning in Delaware they were twice lucky.

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    United States
    Member #135800
    November 29, 2012
    406 Posts
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    This is what I do. Would rather pay a bit more in tax to remain anonymous

      Todd's avatar - Cylon 200.jpg
      50
      Chief Bottle Washer
      New Jersey
      United States
      Member #1
      May 31, 2000
      25839 Posts
      Online

      Winning in Delaware they were twice lucky.

      They're not going to escape Pennsylvania state taxes, if that's what you're implying.  Pennsylvania now imposes a 3.07% state tax on lottery winnings, and because the couple live in PA, they will have to pay it.

       

      Check the State Lottery Report Card
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        United States
        Member #135800
        November 29, 2012
        406 Posts
        Offline

        It's Delaware state taxes anyways that they'll have to pay and its is more than PA


          Germany
          Member #164597
          March 8, 2015
          803 Posts
          Offline

          They're not going to escape Pennsylvania state taxes, if that's what you're implying.  Pennsylvania now imposes a 3.07% state tax on lottery winnings, and because the couple live in PA, they will have to pay it.

          I meant because Delaware gives the option of staying anonymous.

          I thought the state where it was bought gets the first tax bite?

            Todd's avatar - Cylon 200.jpg
            50
            Chief Bottle Washer
            New Jersey
            United States
            Member #1
            May 31, 2000
            25839 Posts
            Online

            It's Delaware state taxes anyways that they'll have to pay and its is more than PA

            Correct!  Even though Delaware withholds NO state taxes at time of payout, they still have state taxes due, which I believe are 6.6%.  So the PA residents will pay 3.07% to Pennsylvania, and 3.53% to Delaware.

             

            Check the State Lottery Report Card
            What grade did your lottery earn?

             

            Sign the Petition for True Lottery Drawings
            Help eliminate computerized drawings!


              Germany
              Member #164597
              March 8, 2015
              803 Posts
              Offline

              Correct!  Even though Delaware withholds NO state taxes at time of payout, they still have state taxes due, which I believe are 6.6%.  So the PA residents will pay 3.07% to Pennsylvania, and 3.53% to Delaware.

              But why the tax to Delaware if Delaware doesn't impose state taxes according to usamega.com?

                Avatar
                Chasing $ Millions.
                White Shores- California
                United States
                Member #136473
                December 12, 2012
                6313 Posts
                Offline

                Unless these folks are multimillionaires to begin with, they have won more than they could have imagined. l say take all the necessary taxes out & then leave me alone.Let me forge my own destiny.

                 * Voice of Reason *   

                 

                People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

                  Todd's avatar - Cylon 200.jpg
                  50
                  Chief Bottle Washer
                  New Jersey
                  United States
                  Member #1
                  May 31, 2000
                  25839 Posts
                  Online

                  But why the tax to Delaware if Delaware doesn't impose state taxes according to usamega.com?

                  The notes on the page clearly say why.  Because the analysis shows what is withheld at the time of payout.  It is impossible to know exactly what the final tax bill will be.  Even my comment above where I provided the tax rates will not be their final tax bill.  It will likely be less than that -- but it is impossible to know how much less.

                   

                  Check the State Lottery Report Card
                  What grade did your lottery earn?

                   

                  Sign the Petition for True Lottery Drawings
                  Help eliminate computerized drawings!


                    Germany
                    Member #164597
                    March 8, 2015
                    803 Posts
                    Offline

                    The notes on the page clearly say why.  Because the analysis shows what is withheld at the time of payout.  It is impossible to know exactly what the final tax bill will be.  Even my comment above where I provided the tax rates will not be their final tax bill.  It will likely be less than that -- but it is impossible to know how much less.

                    It is not evident from the notes why Delaware would suddenly withhold taxes while at the same time not having a state tax on the lottery. Clearly they are not withholding federal taxes either. I did not ask what the final tax bill was.

                    So, Delaware does not tax lottery wins unless it taxes lottery wins. Cool beans.

                      haymaker's avatar - Lottery-012.jpg
                      Egg Harbor twp.south Jersey shore
                      United States
                      Member #112964
                      June 29, 2011
                      4135 Posts
                      Offline

                      Smart ! Buying tix in Delaware and remaining anonymous.

                       

                      Take note here, the ticket was bought in Selbyville...closer to the Maryland border in lower-slower Delaware.

                      About as far away from PA. as you can get in Delaware !

                      Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

                        haymaker's avatar - Lottery-012.jpg
                        Egg Harbor twp.south Jersey shore
                        United States
                        Member #112964
                        June 29, 2011
                        4135 Posts
                        Offline

                        It is not evident from the notes why Delaware would suddenly withhold taxes while at the same time not having a state tax on the lottery. Clearly they are not withholding federal taxes either. I did not ask what the final tax bill was.

                        So, Delaware does not tax lottery wins unless it taxes lottery wins. Cool beans.

                        Delaware does not have a lottery tax...it taxes lottery winnings as regular income, from 2.2% to 6.6 %

                        yea, big $ is going to put you in the 6.6% bracket as Todd mentioned above.

                        Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

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                          United States
                          Member #135800
                          November 29, 2012
                          406 Posts
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                          Also, some states don't tax lotto winnings for their own state lottery, but if you win in another state, you will owe tax (assuming you spend 184 days residing in the home state). An example if is you bought and won a large jackpot in Arizona, but resided in California. After you pay the top bracket in Arizona, anything above that until the top bracket in California, you would owe to the State of California. Many states have some agreements with neighboring states to give the amount paid already to a neighboring state as credit. While if you had won a California jackpot residing in California, you wouldn't pay state taxes on that jackpot.

                           

                          I live in NJ and I play in DE solely because of the anonymity. When I lived in VA, I played in MD.

                            sully16's avatar - sharan
                            25
                            Ringleader
                            Michigan
                            United States
                            Member #81738
                            October 28, 2009
                            75962 Posts
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                            Congrats to the lucky winners.

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