South Carolina store owner who sold $1.5 billion Mega Millions ticket is arrested

Comment #4

HaveABall — Wed, 17 Mar 2021 06:09:27 GMT

Lucky then unlucky.

Comment #3

KY Floyd — Wed, 17 Mar 2021 04:28:27 GMT

Don't know if the Feds will look into him too.

If you underreport $2 million in sales to avoid paying the sales tax it's sort of problematic to claim the $2 million as income. It's also not exactly astrtech to suspect somebody who underreported sales to avoid the sales tax might also be exaggerating deductible expenses. I'd imagine that means that both the state and IRS are likely to be curious about the accuracy of his reported income.

What I'm curious about is whether or not the scrutin... [ More ]

Comment #2

reddog — Mon, 15 Mar 2021 22:11:14 GMT

Comment #1

Bleudog101 — Mon, 15 Mar 2021 20:29:06 GMT

Can remember the ticket I wrote was sold in the wrong Simpsonville...should have been Simpsonville, KY!

No escaping the tax man..he cometh. Don't know if the Feds will look into him too.

On a side note, tomorrow get unblinded for the Janssen vaccine trial I'm enrolled in

South Carolina store owner who sold $1.5 billion Mega Millions ticket is arrested

Lottery Post — Mon, 15 Mar 2021 20:11:13 GMT

Retailer re-enters the spotlight after skirting thousands in tax evasion

By Kate Northrop

The South Carolina Department of Revenue (SCDOR) announced on Saturday that the store owner who sold the winning ticket for the $1.537 billion Mega Millions jackpot in 2018 has been arrested and charged with five counts of tax evasion.

Chirag Jayanti Patel, 49, was found to have underreported $2.04 million in sales while operating KCP, Inc. under the KC Mart convenience store business in Greenville... [ More ]