North Carolina 18-year-old wins $1 million in lottery after asking sister to buy ticket for him

Comment #26

Lotterologist — Mon, 27 May 2024 19:38:33 GMT

I told you to put 500 on 392!

What's the point in giving you a lottery tip if you won't listen

Comment #25

Brock Lee — Mon, 27 May 2024 19:26:32 GMT

thanks for the lottery tip.

Comment #24

Lotterologist — Mon, 27 May 2024 17:35:47 GMT

Jesus Christ said Himself that if you have FAITH, you can move mountains. (Matt 17:20 KJV)

Wise men understand but fools don't believe.

Comment #23

Lotterologist — Mon, 27 May 2024 16:55:41 GMT

When I got high, my mind elevated FAR beyond material things like money.

As a matter of fact, I sometimes stepped into infinity.

Influencing world events, I used mind over matter.

It was simple since an atom is both a particle and a wave.

Comment #22

Artist77 — Mon, 27 May 2024 15:53:23 GMT

Your tax guy does not sound like he is helping you. Put money into an IRA or roth IRA so you can keep more of your money. You can also pay estimated taxes online quarterly.

Comment #21

Bleudog101 — Mon, 27 May 2024 15:30:38 GMT

All I know if I don't do enough charitable donations I pay taxes.

Comment #20

Lotterologist — Mon, 27 May 2024 15:25:44 GMT

Funny that you mentioned Confucius. It was around that time when I first picked up his book.

Comment #19

Brock Lee — Mon, 27 May 2024 15:08:47 GMT

confucius say there two kinds of acid trippers: those who leave waitress big tip on trip, and those who don't.

Comment #18

Lotterologist — Mon, 27 May 2024 14:38:32 GMT

I see he took a picture with his mom and his three sisters.

The sister who bought the ticket is probably the one holding the check.

I hope this young man is wiser than many of his peers in his generation.

If I had a million dollars at 18, I would have destroyed myself.

At age 20, one night in L.A, I was high on LSD, also known as acid , when I went to a restaurant to get something to eat.

I asked the waitress for a soda and she replied, Too much acid will kill you. (I guess s... [ More ]

Comment #17

Artist77 — Mon, 27 May 2024 12:08:24 GMT

??? It is not double taxation. You report on your return the taxes that were withheld by the casino or lottery. The withholding was on your behalf.

Comment #16

Bleudog101 — Mon, 27 May 2024 12:05:15 GMT

I'll ask my tax man about that. I know folks that have won @ the casino, got taxed the hell out of and they refused to be double taxed by reporting their winnings.

I'll never declare my small winning on the lottery. As for my casino, I do win/loss statements. Burden of proof on the IRS if I won small wins on the lottery which are ALL cash payouts.

Comment #15

Artist77 — Mon, 27 May 2024 11:52:14 GMT

All lottery winnings are taxable. If you win $300 a week every week, it is still taxable and reportable on your tax return. Lottery wins of $600 or more are reported to the IRS by the lottery. Just because an entity like a casino only withholds taxes over a certain amount of $, this has no bearing on the fact that all winnings are subject to taxation and reportable on your tax return.

Comment #14

Bleudog101 — Mon, 27 May 2024 11:42:14 GMT

What does that last paragraph mean? You don't pay taxes on lottery wins of $600. AFTER $600 you do pay taxes.

OTOH, though not sure where this going (with the mess of our so called leaders in DC) the casino lobbyists want to increase the taxable amount from $1200 to $5000 to, as they say, adjust for inflation.

I have yet to find any lottery lobbyists out there, if they exist that is.

Comment #13

gr8ter — Mon, 27 May 2024 04:27:34 GMT

What a way to start life at 18 and win a Million Dollars

Comment #12

Lotologist — Mon, 27 May 2024 01:13:01 GMT

Some say one should only spend a years worth of take home salary on a new car. He can get a 2025 Subaru or other decent hybrid luxury/budget vehicle with a take home pay of $35k a year from winnings that would still last when the last check arrives in 2043. $100/day 4 Twenty Years is not a lot of money to be spending on an Audi and it's collateral costs (high insurance rates, exotic tax, rare parts that are expensive, higher car problems than other luxury car brands, increased chance of traffic... [ More ]

Comment #11

hearsetrax — Sun, 26 May 2024 21:39:42 GMT

to a bright future !!

personally I'd of skipped the Audi, but to each his/her own

Comment #10

Artist77 — Sun, 26 May 2024 19:38:28 GMT

Such a nice looking family. I think they included grandma also. I think anyone below 30 should take the annuity.

Comment #9

sully16 — Sun, 26 May 2024 18:26:10 GMT

Great story and what a wonderful sister ., congrats and enjoy.

Comment #8

Bleudog101 — Sun, 26 May 2024 16:49:25 GMT

I think younger folks should take the annuity, even though you don't mention 20 years of tax liability.

It is not always the best option. Decades ago I'd say Cash option when we had to do that @ time of purchase. Not the case @ my age. No way would I take an annuity.

Comment #7

darthfury78 — Sun, 26 May 2024 16:06:22 GMT

Finally. A lottery winner who takes the annuity, which is the best option. Way too many people take the lump sum, only to lose everything years later. I am glad that the winner decided to get paid over a 20 year period.

Comment #6

rubyred — Sun, 26 May 2024 15:47:22 GMT

Congratulations young man,

...good choice on the annuity the Audi...

ps: i love the fam photo with Mom Grand-mom helping to hold up that check

Comment #5

Lotterologist — Sun, 26 May 2024 15:32:13 GMT

Congrats

Comment #4

play4shekels — Sun, 26 May 2024 14:55:32 GMT

Good for him! Not sure about the Audi though. Too much $$$$$ for upkeep and repairs. Go for a Lexus, dude.

Comment #3

hlamb — Sun, 26 May 2024 13:25:40 GMT

Congratulations to this young man in his win. People are always advised against taking the annuity, but it ensures he'll have an annual income for the next 19 years and won't blow it all right away. This also keeps the roaches from coming out of the woodwork.

Comment #2

Todd — Sun, 26 May 2024 12:39:22 GMT

I love everything about this story. To me, this is the best of the lottery. Seems like a good kid with a good family, who all accompanied him to claim the prize. Love the family photo. No squabbling about who won the prize. Great choice on the annuity. Good choice on the Audi too

Comment #1

Nikkicute — Sun, 26 May 2024 12:14:58 GMT

For some odd reason I like seeing younger lotto winners.

He chose the annuity of $50,000 over the next 19 years

Good choice choosing the annuity, no hurry, he'll have money coming in,

no need to have it all at once right now.

Congrats to him

North Carolina 18-year-old wins $1 million in lottery after asking sister to buy ticket for him

Lottery Post — Sun, 26 May 2024 11:49:06 GMT

Young winner decides against the lump sum

By Kate Northrop

A North Carolina man won a $1 million top prize in the lottery after he gave his sister some money to purchase a ticket on his behalf.

An 18-year-old North Carolina resident ended up winning $1 million in the North Carolina Lottery after asking his sister to pick up a ticket for him.

Jalen McLean, 18, of Raleigh, was all grins from the instant he found out he won a million dollars to the moment he held up the giant ceremo... [ More ]