$50.3M lottery prize to be split 4 ways

Comment #16

MaddMike51 — Fri, 27 Feb 2009 20:52:26 GMT

I don't know if winning a jackpot would make me happy or not,but judging by the smaller amounts that I've won over the years,winning a jackpot would make me more than happy,I'd be ECSTATIC

Comment #15

tapani — Fri, 27 Feb 2009 18:27:26 GMT

Hello I am a Canadian and I have to let you know how things work here in Canada. First off we do not pay tax after you win, but and here`s the but, they confiscate 53 odd percent right up front, that is why the jackpots do not grow as large as the ones in the U.S. do. We pay the tax up front, funny how everyone is lulled into this fantasy of the lottery, even the politicians will never admit it , so that there is a big fat juicy purse sitting there unattended and guess who is eyeing that money.

Comment #14

MaddMike51 — Wed, 25 Feb 2009 17:48:50 GMT

I remember Carter,too.He was elected because after Ford pardoned Nixon,America was looking for change in Washington.

Comment #13

dpoly1 — Wed, 25 Feb 2009 17:26:35 GMT

Todd is very smart and understands Economics !!!!!!!!!!!!!!!!!!

I am sick and tired of the childish everything is not fair' mentality.

I am by no means rich, but I have had someone tell me to my face that he has the right to steal from me !?!?

I painfully remember Carter - a waste of humanity

Comment #12

RJOh — Wed, 25 Feb 2009 12:57:30 GMT

When did taxing lottery winners become a tax on the rich? A few years ago I match 5of6 in Ohio Super Lotto and won $1500 which didn't make me rich and I paid Federal and State taxes on it same as I did on all my other income.

Comment #11

Todd — Wed, 25 Feb 2009 12:39:49 GMT

Yes, I know, soak the rich . I totally understand the class warfare.

The thing you have to understand is that the last time the government successfully soaked the rich was under Jimmy Carter, and the country had double-digit unemployment (much worse than now) and inflation (much worse than now) and mortgage rates (much worse than now).

You don't bring in extra revenue by taking all the money from the people who create the jobs. In the 1980s Reagan showed how Capitalism, unimpeded by opress... [ More ]

Comment #10

dejack03 — Wed, 25 Feb 2009 08:35:58 GMT

I don't agree that the tax situation is going to get much much worse , even on the super wealthy of our nation. Most people voted for change that halts the tax-cut gravy train that has been benefiting the top earners. That train is now taking new passengers...a significant number of working families. The last 8 years of terrible leadership and fiscal irresponsibility was the time to be afraid of the much much worse. At this point it is time to deal with that and for our economy to heal. This has... [ More ]

Comment #9

Halle99 — Wed, 25 Feb 2009 06:56:15 GMT

That is so true. I am proud to be An American from a different country.

Comment #8

dpoly1 — Wed, 25 Feb 2009 06:49:59 GMT

Yet we are hated !!!!!!

A vibrant economy provides more tax revenue

than a tax increase

Comment #7

SmoothJuice — Wed, 25 Feb 2009 05:37:17 GMT

Just remember Todd, America is one of the best countries in the world and we have the largest amount of humanitarian assistance in the world. People die just to come to the USA. America needs all of that tax money.

Comment #6

Halle99 — Tue, 24 Feb 2009 23:53:05 GMT

Celebration time come on!!!!! Congrats to all the winners

Comment #5

ThatScaryChick — Tue, 24 Feb 2009 18:38:51 GMT

Congrats to them! I am sure that that one jackpot has made a bunch of people happy.

Comment #4

dpoly1 — Tue, 24 Feb 2009 17:48:09 GMT

I do not care for alot of Rich People , but their money is their money !!!!!!!!!!!!

Class envy and confiscatory taxes will sink our country.

If there were no taxes on lottery winnings, there would be more for winners to share and spend IF THEY SO CHOOSE !!!!

I have some contributions that I would make that would be very helpful to the community. The money would not have to pay for a bureacrat's wages before it got to the right organization or person.

There would be more money to spen... [ More ]

Comment #3

kamvick — Tue, 24 Feb 2009 15:45:26 GMT

The USA loves to tax. They tax taxes!! some states don't even have State taxes but we do here in Oklahoma. Taxes, taxes, taxes

Comment #2

Todd — Tue, 24 Feb 2009 15:39:53 GMT

I could not agree more. Americans are way too highly taxed already and it's about to get much, much worse.

All those people buying lottery tickets have already paid taxes on the money used to buy the tickets. So why are they getting taxed again on the prize money?

(The obvious answer is that the government taxes lottery winners because they are now considered the rich , and it would be selfish of those rich people to not spread their wealth around.

Comment #1

MaddMike51 — Tue, 24 Feb 2009 14:40:54 GMT

The nice thing about the Canadian lottery is the winners will get to keep their shares of the money without the government taking taxes out of it.America could take lessons from the Canadians.

$50.3M lottery prize to be split 4 ways

Lottery Post — Tue, 24 Feb 2009 13:12:34 GMT

There were four winning tickets sold for Saturday night's 6/49 draw offering a jackpot prize of $50.3 million: one in Quebec and three in Ontario.

The lucky Ontario tickets were purchased in the Sudbury area, as well as the Halton Region west of Toronto and Durham Region east of the city. It was not immediately known exactly where in Quebec the winning ticket was bought.

Each winner will receive just under $12.6 million.

The prize is the second-biggest jackpot in Canadian lottery histor... [ More ]