After alleged lottery ticket theft, store banned from ticket sales

Comment #22

RJOh — Sun, 04 Mar 2007 19:34:30 GMT

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

LOL RJOh

Comment #21

jarasan — Sat, 03 Mar 2007 02:59:12 GMT

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).... [ More ]

Comment #20

RJOh — Sat, 03 Mar 2007 01:14:10 GMT

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.

Comment #19

TheGameGrl — Sat, 03 Mar 2007 00:53:24 GMT

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

Comment #18

RJOh — Fri, 02 Mar 2007 23:59:27 GMT

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 any... [ More ]

Comment #17

csfb — Fri, 02 Mar 2007 20:10:53 GMT

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.

Comment #16

justxploring — Fri, 02 Mar 2007 19:47:19 GMT

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 incom... [ More ]

Comment #15

Lurk More N00b — Fri, 02 Mar 2007 19:19:36 GMT

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.

Comment #14

RJOh — Fri, 02 Mar 2007 17:56:08 GMT

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... [ More ]

Comment #13

dumars798 — Thu, 01 Mar 2007 16:03:47 GMT

There should be a stiff

penalty rather than a

month suspension

Comment #12

Jill34786 — Thu, 01 Mar 2007 15:24:07 GMT

I agree with you!

Can't believe it's only a month long ban

Comment #11

jeffrey — Thu, 01 Mar 2007 02:18:46 GMT

Oh hell, isn't it grand theft and ass banging jail time. No more lottery sales and fine them $100, 000. I would prefer a scar on the forehead that says thief

Comment #10

RJOh — Thu, 01 Mar 2007 02:17:09 GMT

That might work fine for your group, but everyone in that pool were machinists, electricians and maintenance repairmen who were working a lot of overtime and some of their tax brackets could have been nearer $30% so no one wanted to take a chance if they had a good year.

Besides, regular taxpayers have to combine their lottery loses with their overall loses due to interest on debt and other expenses associated with their work and exceed the standard $4500 allowance everyone gets regardless be... [ More ]

Comment #9

TheGameGrl — Wed, 28 Feb 2007 23:18:48 GMT

Rjoh- Most pools that I have been a participant has a cut and dry method. Claimant puts cash winnings that exceed 600$ in the group bank account. 25% is automatically retained by the bank (at our request) and at the end of the year, the person who claimed the amount can withdraw for tax still due on that PART of the lottery amount. We gain interest and at the same time the claimant is covered. It can be done. And yes we divied the difference once received at the bank. Most often we kept our losi... [ More ]

Comment #8

RJOh — Wed, 28 Feb 2007 22:44:41 GMT

Before I retired I belonged to a lottery pool at work that matched 5of6 for $1500 in three SuperLotto games. Since Ohio only allowed one person to claim the winnings, no one in the pool wanted to cash the tickets, split up the $1500 among the pool members and get stuck with the taxes at year end so we alway allowed a member with a student in college to have his son or daughter cash in the ticket, pay the pool $1000 for the ticket, pay the taxes if any and keep the differences.

60% of its cas... [ More ]

Comment #7

justxploring — Wed, 28 Feb 2007 22:15:19 GMT

This whole story sounds odd.

I would agree with you, except if she was trying to hide the fact that she won by selling the ticket, why would she then call and report it, especially after she got all of her money? If she got $600 as the article reports, and then she went back for $300 more and then another $100, it doesn't make any sense. If the store clerk paid her the entire $1,000 then he would have to pay taxes when he cashed in the ticket, so he would lose money

Comment #6

BobP — Wed, 28 Feb 2007 21:54:47 GMT

Comment #5

KY Floyd — Wed, 28 Feb 2007 21:28:07 GMT

It sounds to me like the clerk basically bought the ticket from her for $600. That would let him claim it as his own $1000 ticket.

Comment #4

RJOh — Wed, 28 Feb 2007 19:06:57 GMT

These rules for cashing a winning ticket are posted at the Ohio Lottery website.

If you win up to $599, proceed to any retailer location for immediate payment of your prize.

If you win between $600 and $5,000, take your winning ticket to a retailer location, where you will receive a PAY TO BEARER ticket. At this point, you have two options:

Obtain a claim form from the agent retailer. Follow the instructions carefully. Your retailer will have a list of bank-cashing locations in your are... [ More ]

Comment #3

DoubleDown — Wed, 28 Feb 2007 18:18:54 GMT

They should be banned from selling tickets permanently for this kind of crap .

I have no sympathy for thieves.

Send them back to Pakistan... on a slow boat.

Comment #2

Lurk More N00b — Wed, 28 Feb 2007 17:31:09 GMT

...the commission could prohibit the store from selling lottery tickets again.

This is the only correct answer.

Edit: They're lucky they're in a country that doesn't cut your hands off for this kinda crap.

Comment #1

RJOh — Wed, 28 Feb 2007 17:21:39 GMT

I didn't know a store could cash any ticket that was over $599, I'm going to have to check the Ohio Lottery website more closely.

After alleged lottery ticket theft, store banned from ticket sales

Lottery Post — Wed, 28 Feb 2007 17:03:01 GMT

An Ohio convenience store is banned from selling lottery tickets for a month, after the owner and an employee stole part of a Warren woman's jackpot, according to police reports.

Rita Astolfi's claim that she won big on the Cash Spectacular scratch-off, but walked away with only a portion of her prize, landed the owner of the West Market Street store and one of his employees in court. They are accused of stealing $400 of a $1,000 payoff from the 30-year-old Ward Street N.W. woman before event... [ More ]