New law ensures Pa. lottery winners pay their debts

Comment #21

cbr$ — Thu, 08 Nov 2018 05:07:12 GMT

PA. is going to do all this over a $2,500. 00 Lottery win. Including give the IRS a

a fee for search they people live like big brother. Just because it has it hands in the

lottery. Only if the IRS do the same thing for every person in this US. Treat people like you want to be treated. I'm looking at this as PETTY. OKay IRS. Here some

questions for you we want accountable too. How outstanding is U.S.A debts

obligations plus delinquent taxes. Is the U.S. ready to pay up all it... [ More ]

Comment #20

TheGameGrl — Wed, 07 Nov 2018 16:58:25 GMT

Gaming losses or gains are already on the books for tax line itemization.

Don't agree with this second term elected governor. He is great at taking from Peter to pay Paul.

Bad enough the casinos that were implemented to help with relief on home owner taxes didn't transpire for the citizens...

Comment #19

Tucker Black — Tue, 06 Nov 2018 03:10:16 GMT

The purpose of the state lottery is to raise money for the state, not collect it and then give it right back. Besides, gambling is not a charitable activity.

Comment #18

Stack47 — Mon, 05 Nov 2018 00:33:03 GMT

BINGO!

Hopefully the lottery people who are clueless about why some players cash more tickets will read this.

Comment #17

KY Floyd — Sun, 04 Nov 2018 06:02:59 GMT

That would add up to $5,000 a year deduction.

Only if you win $5000 or more. There's always a chance of getting really lucky if you play the right game, but people spending 5 grand per year on lottery tickets are probably going to get results that are pretty close to being statistically normal, and that means losing 50 to 60% of what they bet. In that case winning 5 grand and getting a $5000 tax deduction would require buying between $8300 and $10,000 worth of tickets. That means your $5,000... [ More ]

Comment #16

myhotvibes — Sat, 03 Nov 2018 15:10:58 GMT

On the flip side, loyal state lottery players should be able to claim a state tax credit, maybe as a charitable contribution. Some folks bet $100 a week on a variety of games. That would add up to $5,000 a year deduction.

Comment #15

noise-gate — Thu, 01 Nov 2018 16:47:35 GMT

I read half way through couldn't help thinking on those segments of the Maury Povich Show where he says When it comes to 2 year old Wanda, Tyrone, you are the father

Comment #14

Bleudog101 — Thu, 01 Nov 2018 14:29:12 GMT

A couple of months ago we were in a casino near Indy. Guy sitting there waiting. Employees show up with paperwork for his jackpot win. They said 'Indiana law requires us to collect for back child support and you can contest this through such and such an agency'. Felt kind of embarrassed for the guy who looked late 60's; they could have pulled him into the office. We were right next to him and couldn't help but observe this.

Comment #13

Need200K — Thu, 01 Nov 2018 05:08:32 GMT

Maybe just play Pick 3 hahaha and try to win big and get only CASH

Comment #12

beret32 — Thu, 01 Nov 2018 03:30:52 GMT

Oh, I see. I thought the withholding part was new.

Comment #11

Todd — Thu, 01 Nov 2018 00:50:43 GMT

That started over 2 years ago: https://www.lotterypost.com/news/305216

Comment #10

beret32 — Thu, 01 Nov 2018 00:48:29 GMT

What's more, prizes over $5,000 will have state and federal taxes withheld at the current rates.

That's a shame. I don't think local taxes used to be withheld before. That means you don't get to keep and invest that 3.07% for a while before having to pay the tax.

Comment #9

TheMeatman2005 — Thu, 01 Nov 2018 00:44:06 GMT

I have heard of people doing this only to find out that the person they gave the ticket to to cash owed back obligations as well and ended up with nothing.

Comment #8

oate — Thu, 01 Nov 2018 00:38:03 GMT

The law does allow the state Department of Revenue, which oversees the lottery, the ability to assess a fee for the cost of administering this intercept program, which would be yet another deduction from the winnings.

Good grief, they'd better give the winner a refund of that fee when the intercept team finds that the winner is not a deadbeat.

Just in the past five years, lottery officials say it has resulted in the collection of nearly $666,000 in delinquent child support.

That w... [ More ]

Comment #7

Dd2160 — Wed, 31 Oct 2018 23:04:45 GMT

Get the heck out of here!

So the genius in me is like Hmmmm

Comment #6

Redd55 — Wed, 31 Oct 2018 22:42:39 GMT

Over $2500? Most states take out deductions/liens when the prize is over $599.

Comment #5

benjibanks — Wed, 31 Oct 2018 19:09:37 GMT

^ I thought that this would reduce people playing the lottery but it makes more sense for winners to just sell them if they might be forced to pay debts or lose welfare benefits.

Comment #4

music* — Wed, 31 Oct 2018 17:25:04 GMT

This law might encourage winners to sell their winning ticket at a discount to another willing person.

Comment #3

CDanaT — Wed, 31 Oct 2018 16:54:03 GMT

If you owe, then pay up...nothing wrong with ensuring your financial obligations are met.

Comment #2

Horsegeek40 — Wed, 31 Oct 2018 15:59:21 GMT

Personally I thought that type of law was on the books in states that had lotteries already.

Comment #1

Raven62 — Wed, 31 Oct 2018 14:43:47 GMT

An attempt to legislate personal responsibility and accountability.

New law ensures Pa. lottery winners pay their debts

Lottery Post — Wed, 31 Oct 2018 14:20:28 GMT

A new law took effect on Tuesday that will help some Pennsylvania Lottery winners spend their winnings by ensuring they pay any outstanding debts.

The law, which was enacted by Gov. Tom Wolf a year ago, applies only to those lucky enough to win a single prize of more than $2,500.

It makes it so winners who owe back state taxes will have that amount deducted from their lottery winnings, provided their appeal rights on their tax debt has expired or were exhausted.

Delinquent taxes would b... [ More ]