if you found a winning ticket that wasn't yours

Reply #194

psykomo — Tue, 17 Jul 2007 05:43:10 GMT

OD does have

a problem with HAIR BALLS..................OOOOOOOOOOOOOOOOO's

but, don't mess with his breast, feet or tail>>>>>>>>>>>>>>>>>

OD-ie................will EAT U >>>>>> UP

^^^^^^^^^^

lol

PSYKOMO

Reply #193

pacattack05 — Mon, 16 Jul 2007 17:06:59 GMT

WOW!

Where the breast implants made out of medicine balls?...lol

I guess it was a close action lawsuit...lol Groan....

Reply #192

justxploring — Mon, 16 Jul 2007 16:27:13 GMT

people will come out of the woodwork to claim a prize

Pac, one of the things we talk about on the board, which is always encouraged, is posting the winning ticket online. I expect to get some negative responses, because we'd all like to see a million dollar winner here, but I would hesitate to do that because of people like Ms Battle. First, unless the ticket is altered, i.e., covering the bar code and important identifying numbers, you are giving out information not available to the g... [ More ]

Reply #191

pacattack05 — Sat, 14 Jul 2007 16:04:26 GMT

Here's a story, of a lovely lady....well maybe not so lovely. But it just goes to show what I was saying earlier in this thread about how people will come out of the woodwork to claim a prize.

It turns out that this lady claimed that the 162 mil prize was really hers. Turns out that her last name isn't Battle , and she has a history of fraud.

The ticket is a bearer instrument, and Ohio agrees...lol

If it's unsigned, it's mine, unless someone can come out of the woodwork and prove to m... [ More ]

Reply #190

csfb — Sat, 14 Jul 2007 12:47:51 GMT

The Power of Intentions.

Intention, State of Mind, Mental State, Specific Intent, General Intent - these are common buzz words we hear often when a case is being heard.

Why? Because most acts are characterized by intentions. The state of mind of someone borrowing a book is different from someone stealing a book.

The state of mind of someone losing a lottery ticket is different from someone giving away a lottery ticket. Intention is a powerful thing.

Reply #189

csfb — Sat, 14 Jul 2007 12:32:45 GMT

That would be a matter of proof. Weight of that proof would depend on what you're trying to prove and the totality of the circumstances.

Reply #188

JimmySand9 — Sat, 14 Jul 2007 05:44:20 GMT

No signature, in your hand, it's yours. End of story.

Actually happened to me once, I found a Match 6 ticket worth $12.

Reply #187

delores247 — Sat, 14 Jul 2007 04:07:14 GMT

I voted turn the ticket in to the Lottery Officials,I would not want the ticket if i didnot purchase it,Thanks,,,,,,Delores247

Reply #186

Yukio — Sat, 14 Jul 2007 03:19:55 GMT

Do you mean photocopies ?

If it is the case , there is something written about being illegal to photocopy a ticket on U.S.A. . On Brasil I got some pictures of winners and not winner tickets , others like the ticket with the Brazilian and British flags are a 'curiosity' item ...

By the way, only the 'Federal Lottery' tickets and scratch cards have a place to put the name and document number.

Or maybe just DOUBLES , some persons would have dozen or hundreds of tickets . For exam... [ More ]

Reply #185

KY Floyd — Sat, 14 Jul 2007 02:51:11 GMT

Go back and read a few of the previous posts. Just because you lose something doesn't mean you don't still own it. There are any number of ways that you might prove that ownership.

Reply #184

LOTTOMIKE — Fri, 13 Jul 2007 06:53:22 GMT

i've always wondered this.....

what if the person forgot to sign the back but had copies of the winning ticket after someone else found it

Reply #183

mylollipop — Sat, 07 Jul 2007 08:05:24 GMT

If the ticket WAS NOT signed, I would easily say, keep it. But where was the ticket found? WOuld I have to purchase a ticket in terminals close to the vicinity to determine if a set of numbers somewhere on the ticket matched the store??? Then maybe I should consult with legal counsel. Then this is a question that Lottery Officials should be asked. too. What is/would be their policy/procedure in a situation like this. Now suppose you were given the ticket by a passerby or a gift from somone... [ More ]

Reply #182

irondoor827 — Fri, 06 Jul 2007 04:18:51 GMT

On the other hand...I also believe that if someone was that astute..they wouldn't be in that position in the first place, because of their disciplined ways. And never even lost the ticket in the first place..................I agree ;

but crap has a way of fouling up the works if I drove to the store and bought 30.00 worth of mega millions and went back to the car and drove off with my tickets and while driveing at 45-55 miles per hour the wind wip... [ More ]

Reply #181

LOTTOMIKE — Fri, 06 Jul 2007 00:58:19 GMT

get a number 3 on the dollar menu(frosty included)[ 4 ] [4.08%]

i see that at least four people will buy a number 3 on the dollar menu.those frostys are kinda like a mental soother.they tend to relax the mind while putting a stall to any millions that might be ill gotten.although studies show that the elderly tend to be generally trustworthy those numbers tend to drop and even among the younger population once a loot of booty comes into play.

Reply #180

jarasan — Fri, 06 Jul 2007 00:41:32 GMT

Yeah, I think it boils down to personal responsibility. You gotta keep your stuff together. Anytime you have tickets hold on to them don't lose them or you will be a loser of tickets.

Once the thing is drawn and you have a winner, sign it, DON'T lose it! Whenever I get something over $600, it gets addressed and signed and stashed until cashed. Which kinda rhymes. So here you go. Lottery haiku.

When u hit for Cash;

And u want to cover yer a#$ss;

Then sign and stash;

Til, yer rea... [ More ]

Reply #179

Stack47 — Fri, 06 Jul 2007 00:14:22 GMT

That's the point I was trying to make; if they knew the ticket was a winner, they should have signed the back and how could anybody claim they lost an unsigned winning ticket before the drawing?

I'm pretty sure that most stores selling lottery tickets have waste basket full of losing tickets after players checked the results of the draw. If a clerk decided to go through the trash and found a winning ticket, they found an unsigned discarded ticket. Don't you give up ownership when you discard... [ More ]

Reply #178

pacattack05 — Thu, 05 Jul 2007 22:57:35 GMT

You mean blogs, not a website. I do have a cheesy website, but no one has a clue about it's existence though...lol

Even if it was taken to court, the first thing i would ask the judge if he or she ruled against me, is why have something printed on the back if it's not binding?

Why bother?

The way I see it is that a person is willing to go to the lengths in fighting for the ticket, then they can prove it was theirs. Atleast most of the time. You have to be aware of the scheisters who wi... [ More ]

Reply #177

irondoor827 — Thu, 05 Jul 2007 22:36:09 GMT

Good luck crying to the state lottery office about your lost ticket ....they will also refer you to reead the back of the ticket ................sign it and you might get your ticket back but unsigned you no longer own it ;no court will dispute the issue , in my opinion

Reply #176

irondoor827 — Thu, 05 Jul 2007 22:24:32 GMT

THANKS PACMAN ..that KY- guy realy has me worried about intelligent life on this planet;

been to your website several times you got a lot of great videos on there I like the 75 million dollar house a lot ;

which reminds me if you should see a multi-million dollar lottery ticket on the ground - would you please mail it to me ?//I 'm sure its a real big legal issue in most states so no bother -I HAVE NO MORAL ISSUES OV... [ More ]

Reply #175

Stack47 — Thu, 05 Jul 2007 20:56:48 GMT

thats ownership of who-so ever signed it but he must have possession of the ticket to turn it in and get paid

I bought a PA raffle ticket a couple of weeks ago and was given a receipt saying where I got it and to put my name, address, and phone number on the back of the raffle ticket.

Most people probably don't put their names on the back of their tickets and might not notice they lost a $1 ticket, but they might remember they bought a ticket with 5 or 10 combinations... [ More ]

Reply #174

pacattack05 — Thu, 05 Jul 2007 19:59:41 GMT

Don't waste your time with Kyfloyd. He is the all knowing and all powerful genius who is also an authority on the definition of a bearer instrument.

If he found a thousand bucks on the street with no names attached, he'll stand there waiting for people to pass by and ask them if it's theirs...lol

The mere simplicity escapes him. There must be some oddball reason it's printed on the back. Definitely not to be taken literally. The officials are just trying to stir up arguments around the cou... [ More ]

Reply #173

irondoor827 — Thu, 05 Jul 2007 18:24:54 GMT

when a person finds something on the ground it matters not the intention of the person who lost it ;

Most people will not intentionaly loose a dollar out of their pocket or a million dollar winning lottery ticket;

but if you buy a stack of lottery tickets monday and when you get into the car you place them on the dash or tuck them on the seat beside you and drive down the road and the wind blows them away it don't... [ More ]

Reply #172

csfb — Thu, 05 Jul 2007 18:11:10 GMT

Ownership and Possession .

For examples:

1. You possess stolen property. That does not mean you own that property.

2. You possess lost property. That does not mean you own that property.

3. You possess abandoned property. You own that property.

It boils down to the INTENTION of the original owner. In the first 2 examples, the original owners of the stolen or lost properties did not INTEND to relinquish ownership of the properties. Thus, ownership is retaine... [ More ]

Reply #171

irondoor827 — Thu, 05 Jul 2007 15:32:22 GMT

Jeez, scooter... It's too bad you didn't think to look up the definition of lose while you were at it.

I see you answered your own mis-conception as to who owns what....and my name ain't scooter....

like the original post said - if you find a winning ticket would you turn it in ??? did you read that ???/ and none

of the post was about a signed ticket , thats ownership of who-so ever signed it but he must have possession o... [ More ]

Reply #170

irondoor827 — Thu, 05 Jul 2007 15:31:57 GMT

Jeez, scooter... It's too bad you didn't think to look up the definition of lose while you were at it. (KY)

I see you answered your own mis-conception as to who owns what....and my name ain't scooter....

like the original post said - if you find a winning ticket would you turn it in ??? did you read that ???/ and none

of the post was about a signed ticket , thats ownership of who-so ever signed it but he must have possess... [ More ]

Reply #169

KY Floyd — Thu, 05 Jul 2007 14:59:57 GMT

Jeez, scooter... It's too bad you didn't think to look up the definition of lose while you were at it. Since it seems that you didn't know, losing something and giving (or trading) it away are different. Suppose you went out and bought $10 worth of gas. On the way inside to pay you lose the ten dollar bill you had, so you give the cashier a fifty. It's a bearer instrument, and they're now in possession of it. Do they need to give you back $40 or can they just keep it? Before you even walked... [ More ]

Reply #168

KY Floyd — Thu, 05 Jul 2007 14:45:20 GMT

Your guess is wrong. A ticket not being signed only means that it may be difficult (or even impossible) for the righthful owner to prove their ownership. The cliche that possession is 9/10 of the law is certainly based on truth, but most people don't understand the real meaning, and simple possession doesn't determine ownership of property . The vast majority of people understand that easily enough about most forms of property, but forget their common sense when they hear the term bearer inst... [ More ]

Reply #167

emilyg — Thu, 05 Jul 2007 07:27:39 GMT

Reply #166

irondoor827 — Thu, 05 Jul 2007 05:59:46 GMT

KY - hate to burst your bubble but in terms of a lottery ticket its a legal document which promises to pay a fixed value of its worth to who-so-ever -owns it or ie....holding it :

Main Entry: bear er

Pronunciation: 'ber- r

Function: noun

: one that bears : as a : PORTER 1 b : a plant yielding fruit c : PALLBEARER d : one holding a check, draft, bond, or other order for payment especially if marked payable to bearer -- often used attributively <bearer bonds... [ More ]

Reply #165

ArtVandalay — Thu, 05 Jul 2007 05:40:32 GMT

Possession is 9/10's of the law (isn't it?). My guess is that if the ticket isn't signed on the back, then whoever finds it (and signs it) is the legitimate owner. If the ticket is already signed on the back, then you may wanna contact a lawyer to negociate a settlement.

I find it rather amusing how many of these hypothetical what if situations are posted in these forums, testing the moral and/or common sense aspects of the people here at lottery post. I think that just because a p... [ More ]

Reply #164

pacattack05 — Thu, 05 Jul 2007 01:53:36 GMT

Do you lose ownership of your cash simply because somebody else comes into possession of it?

Yes....

Reply #163

KY Floyd — Wed, 04 Jul 2007 23:46:38 GMT

That's not what bearer instrument means. A bearer instrument is simply a monetary instrument for which ownership isn't registered, just like the cash in your wallet. Ownership is a completely different matter that is independent of what type of instrument it is. It's really extremely simple. Do you lose ownership of your cash simply because somebody else comes into possession of it

Reply #162

irondoor827 — Wed, 04 Jul 2007 23:25:54 GMT

luckylilly : you can turn in tickets all day long and by your own admission you admitt that you found them I can rightfully assume that NO state lottery anywhere in this country would return it to the finder of a lost lottery ticket.... you will never see it again....

like I said in my post THIS TICKET IS A BEARER INSTRUMENT ;

THAT MEANS WHO SO-EVER HOLDS THE TICKET IS THE OWNER: and the one who pay the taxes if nee... [ More ]

Reply #161

LuckyLilly — Wed, 04 Jul 2007 21:54:35 GMT

Apples and oranges. When you were overpaid, you knew who the money belonged to. I'd absolutely return it under those circumstances, too. If you find an unsigned lottery ticket on the street, you don't know who it belongs to. One thing we can be certain of is that it doesn't belong to the Lottery. Someone bought and paid for that ticket.

That's why I voted that I'd consult an attorney. I'd want to make sure that the lottery does make an attempt to find the rightful owner, but if they do... [ More ]

Reply #160

irondoor827 — Wed, 04 Jul 2007 20:15:29 GMT

(this ticket is a bearer instrument ) thats whats written on the back of a NEW YORK LOTTERY TICKET :

CHECK THE BACK OF YOUR STATE and see if it is not simular to that .........so never turn it in to the lottery headquaters ....they will just keep it along with millions in unclaimed prizes

Reply #159

dld1961 — Wed, 04 Jul 2007 17:21:43 GMT

Turn it in to the lottery headquarters. Was overpaid $104.00 on a daily ticket by the cashier once, took it back the next day they were surprised i was not. Alot of people live for just today not my idea of right. But that is my way. The only one who knows the right answer was here and is gone to return sometime in the future. Good luck in all your endeavers.

Reply #158

dld1961 — Wed, 04 Jul 2007 17:21:07 GMT

Reply #157

MIlottoplayer — Wed, 04 Jul 2007 14:14:21 GMT

Ummm...yeah. I'd keep it for myself. I doubt this would ever happen to me though. I'd just tell the wife I bought it.

Reply #156

LiLSpeedy — Wed, 04 Jul 2007 14:12:00 GMT

Dahhhhhhhhhhhh

Reply #155

irondoor827 — Wed, 04 Jul 2007 06:39:21 GMT

xplorying you are always so correct ....legaly it is your ticket ;

since the only proff you need is to have the ticket ;

now if the ticket has been signed then it becomes a real problem;

the moral obligation is what you seem to have a problem with ,um let me ponder that one .....NAH I dont have any moral obligations when it comes to finding a million dollar winning ticket except good by...... NY ,and where can I buy

Reply #154

irondoor827 — Wed, 04 Jul 2007 06:38:44 GMT

Reply #153

KyMystikal — Wed, 04 Jul 2007 05:18:35 GMT

I can't answer for everyone else but one reason I have done it is because a store may not have enough cash to pay out all the tickets. This is especially true when a triple falls. It could take a few days to cash in all the tickets, or you could go to one of the cashing agent stores and they could give you a check for the total of the tickets.

Reply #152

manzplan — Fri, 15 Jun 2007 07:37:58 GMT

thanks mike.. lurked for awhile but a couple of things I needed to comment on.

Reply #151

LOTTOMIKE — Fri, 15 Jun 2007 07:26:15 GMT

welcome to lottery post manzplan

Reply #150

manzplan — Fri, 15 Jun 2007 07:19:25 GMT

If it's not signed then yeah I would keep it. Because ya know that whomever you handed it over to would keep it for themselves.

Signed Ticket well that would have to be turned in. But to the lottery office hopefully in that case the winner would throw you a bone.

But unsigned I don't even have to think twice about that. Most likely you would have found the ticket before the lotto draw so at that point it wouldn't be a winner anyway.

Reply #149

LOTTOMIKE — Fri, 08 Jun 2007 21:27:11 GMT

if it wasn't for having to pay taxes to the IRS on gambling winnings i'd be a very much richer man.

Reply #148

Stack47 — Fri, 08 Jun 2007 04:20:06 GMT

Virtually everyone who wins a few hundred bucks or less has losses that completely offset their winnings, so reporting every win would just mean that there would be more W-2g's to look at and the deductions would be a bit bigger.

The $599 limit is for a one bet wager that paid over that amount. The IRS is not interested in tracking accumulative wins because they know there are accumulative losses too. The way it's set up now you can deduct up to the amount on the W-2G. If all wins under $599... [ More ]

Reply #147

KY Floyd — Thu, 07 Jun 2007 22:43:54 GMT

The IRS doesn't try to enforce the tax code that rigorously because it would be wildly impractical. The IRS wants every dime, but they have to balance that with the cost of collecting taxes, and how much paperwork people are forced to do. A few people will be exceptions, but for the most part individual gamblers can be expected to be on the losing side of the equation. As a whole group gamblers are always on the losing side, so the only money the IRS loses when every single win isn't reported is... [ More ]

Reply #146

emilyg — Thu, 07 Jun 2007 19:19:45 GMT

Reply #145

Stack47 — Thu, 07 Jun 2007 18:59:17 GMT

Probably, if possible I would return the ticket for the original owner.

Most people would do that too, but how could they find out who the owner is if the ticket isn't signed and nobody is claiming they lost a ticket

Reply #144

Yukio — Thu, 07 Jun 2007 18:50:22 GMT

Probably, if possible I would return the ticket for the original owner.

If there was some reward or bonus, maybe helpfully I could manage to get my own winning combination. Even if there wasn't a reward, I think that I could try to win by my self.

Reply #143

Stack47 — Thu, 07 Jun 2007 06:48:33 GMT

One thing I did read was that the casinos convinced the IRS that they can't keep track of winnings vs losses at the tables, but I really don't know much about those rules.

The floorman keep track of how much a player's buy-in is, their average bet, and how much they walk with but they don't track how many times they win or lose. If you want to drive a floorman crazy, pull some chips off the table and put them in your pocket when he comes over to look.

Casino gambling and for the most part... [ More ]

Reply #142

justxploring — Thu, 07 Jun 2007 06:07:17 GMT

Stack, there are a lot of Laws that we don't necessarily follow to the letter.

http://www.main.com/~anns/other/humor/sillylaws.html

One thing I did read was that the casinos convinced the IRS that they can't keep track of winnings vs losses at the tables, but I really don't know much about those rules. I didn't say the IRS expects us to report everything. However, the smallest amount of income, if reported, will be taxed unless someone doesn't make the minimum for filing that yea... [ More ]

Reply #141

Stack47 — Thu, 07 Jun 2007 05:52:54 GMT

Casinos rate players and give them comps based on their play and in few hours of play, thousands of dollars worth of casino chips can pass through their hands and they can walk out of the casino with the same amount of money they walked in with. I've heard people at the airport say they hit their favorite slot machine for $500 and then watch them get money out of the ATM so they can pay for their parking.

If it's true our tax laws require us to report any winnings even $23 as income, why are... [ More ]

Reply #140

LOTTOMIKE — Thu, 07 Jun 2007 05:36:55 GMT

i welcome your advice justxploring .i'm willing to learn if you know these things.you might could help save or gain a few bucks.......

Reply #139

justxploring — Thu, 07 Jun 2007 03:42:07 GMT

Sorry if you misunderstood me, Mike. I was just telling you that if you're getting back all that money after filing, you are probably not claiming enough to begin with...that's all. You've recently asked questions about managing credit on your blog and I was trying to be helpful.

BTW, you're the one who brought it up and said you paid $2,000 more for a $5,000 win which is 40%. I just said it didn't jive, especially if you qualify for EIC.

Stack47 writes:

Do you think that applies... [ More ]

Reply #138

Stack47 — Thu, 07 Jun 2007 02:26:13 GMT

Q. Do I have to report what I won to the Internal Revenue Service (IRS)?

A. YES. All Lottery prizes should be reported to the IRS as income regardless of whether a W-2G is received.

Do you think that applies to a guy that goes into convient store, buys $20 worth of Tic-Tac-Toes, hands the clerk $10 in winners, asks for 10 Lucky 7s, wins $12, gets 12 Match the Crabby Patty, uses $1 winner to pay for his coffee, and walks out of the Store with a $20 cup of 2 hour old coffee?

Does he ha... [ More ]

Reply #137

LOTTOMIKE — Thu, 07 Jun 2007 01:22:05 GMT

you got that right

Reply #136

emilyg — Thu, 07 Jun 2007 00:59:54 GMT

Don't argue - enjoy

Reply #135

LOTTOMIKE — Thu, 07 Jun 2007 00:57:14 GMT

i'll be the first to admit i'm no expert though with this stuff.it boggles me seems hard to understand at first.i'm single but with dependants.

Reply #134

LOTTOMIKE — Thu, 07 Jun 2007 00:18:48 GMT

i have two kids and we are not married plus they give some kind of earned income credit.i ain't gonna argue if they want to give me a big refund,lol.

Reply #133

justxploring — Wed, 06 Jun 2007 23:42:21 GMT

A $6,000 refund? Why would anyone lend that amount of money to the government? Tax refunds aren't gifts like Christmas presents. They're loans that people who didn't claim enough give to the IRS. It's better to break even or owe a little and put your money in a CD or other interest bearing account. The IRS certainly doesn't pay you interest on the money they've kept for a year.

By the way, if a return changed from $6,000 to $4,000 from a $5,000 win, that would indicate a very high incom... [ More ]

Reply #132

LOTTOMIKE — Wed, 06 Jun 2007 11:06:58 GMT

a couple years ago i went to H and R block and they said i was getting 6,000 dollars back on my tax return.i then remembered about two 2,500 winning cash 4 tickets in tennessee i won.when they added that to my income i ended up only getting back 4,000 dollars.that made me really look at it all in a new way.it sure dampened my enthusiasm about winning and ME turning the winning ticket in next time.nudge nudge wink wink.

Reply #131

pacattack05 — Wed, 06 Jun 2007 05:30:08 GMT

All Lottery winnings are subject to federal and state taxes

Of course that's what they will say. It's a disclaimer. They want to tell everyone, hey we know you're not gonna claim it, so wink wink, we don't give two shmootz about it, BUT!!!! We're gonna cover our butts though

Reply #130

pacattack05 — Wed, 06 Jun 2007 05:02:28 GMT

Obligations?

Reporting?

Keep crossing your T's and dotting your I's....Good luck!

No forms to fill out.....No problems...Get It?

I know...it'll be ok......

Reply #129

justxploring — Wed, 06 Jun 2007 04:57:40 GMT

Here is a briefer Q A from the Missouri Lottery:

Taxes

All Lottery winnings are subject to federal and state taxes. The Missouri Lottery is required to withhold 4 percent Missouri state tax on prizes of $601 or more along with 25 percent federal tax for prizes over $5,000.

Okay, Pac?

Nope...you're wrong, Nancy. I knew once you began agreeing with Floyd you'd turn on me.

But Pac. We're one big happy, dysfunctional family here at LP. You're just very obstinate.

Nancy, I feel... [ More ]

Reply #128

psykomo — Wed, 06 Jun 2007 04:48:59 GMT

STRANGE>>>>>>>>>>>>>>>POST>>>>>>>>>PUBLIX??????????

Did anyone>>>>>>>>>>>>>saye>>>>>>>>>>PUBLIX??????????

Been try'g to trick the picks @ this place for too>LONGxx??????????

I will ASK for pacattack05>>>the next time i $SUMINNnn

Reply #127

justxploring — Wed, 06 Jun 2007 04:48:25 GMT

To add to this comment, the Indiana Lottery site FAQ answers this simply:

Q. Do I have to report what I won to the Internal Revenue Service (IRS)?

A. YES. All Lottery prizes should be reported to the IRS as income regardless of whether a W-2G is received.

A W-2G tax form will be provided to players for each prize that was won during the previous calendar year and that meets the following two criteria:

Prize is valued at $600.00 or more; and Prize equals at least 300 times th... [ More ]

Reply #126

KY Floyd — Wed, 06 Jun 2007 04:45:22 GMT

Sure I can see it, and unlike you I can understand it, too. Because they were seperate bets they could be paid separately, and no single bet was big enough to require reporting it to the IRS. That's all. Seperate bets that didn't meet the reporting requirements. It's strictly about the reporting requirements and has nothing to do with obligations to pay tax on income. Since you also apparently don't understand the basic concept of income tax, I'll explain that for you, too. It's a tax on income.... [ More ]

Reply #125

pacattack05 — Wed, 06 Jun 2007 04:26:35 GMT

I think cool hand luke would have said something more like.... I'm not gonna convince you, and you're not gonna convince me, so cool it ..said cool hand luke he said....

Green eggs and ham.....

Reply #124

pacattack05 — Wed, 06 Jun 2007 04:05:01 GMT

I swear...I wasn't robbing them, just demanding money...thats all...LOL

Reply #123

justxploring — Wed, 06 Jun 2007 04:01:25 GMT

They only did that because they knew me as a regular customer.

...or because they saw your picture on the 11:00 news.

Reply #122

pacattack05 — Wed, 06 Jun 2007 04:01:24 GMT

I don't want to hold the world record for number of posts on a thread. LOL

Reply #121

pacattack05 — Wed, 06 Jun 2007 03:53:34 GMT

I don't know. When I cashed in my 3 grand, it was at the Publix on Daniels and Fiddlesticks. The guy at the counter told me I couldn't cash my six tickets. I said yes I can. He called a supervisor, and she told him to go upstairs and get the money.

I learned early on that If i tried to cash the tix at a covenient store, they would give me a money order, which I had to go to Publix to cash.

It's maybe because the store didn't have enough money, so I just go to a place where they have more c... [ More ]

Reply #120

justxploring — Wed, 06 Jun 2007 03:43:25 GMT

Different circumstances, Pac. So if this is the case, why do people go to different stores to cash their pick-3 tickets?

I don't want to hold the world record for number of posts on a thread. LOL

Reply #119

pacattack05 — Wed, 06 Jun 2007 02:49:45 GMT

I hit a 6-spot playing a 15-way ticket (4/2 - 6/4 - 4/6 - 1/8) and Keno manager put the full win amount on the W-2G. I understood I would had to report the $1500 on the 6-spot but I questioned her saying the others were separate bets and all were under $599. She called somebody in the cage and said I was correct and changed it.

Thank You.....

KY Floyd.....can you see this?

I know I wasn't going crazy...LOL But it doesen't matter, cause I'm almost there...LOL

Reply #118

Stack47 — Wed, 06 Jun 2007 02:24:01 GMT

Keno tickets have the same type of payout schedule. One of the biggest beefs I ever sazw was when a Keno manager was going to have a guy fill out a tax form on a solid hit- the Keno manager saidthe guy had won the taxable amount, and the guy said, No I didn't, take out the @#$% $1 I paid for the ticket, that's why the payoff is what it is. (The guy was right).

I hit a 6-spot playing a 15-way ticket (4/2 - 6/4 - 4/6 - 1/8) and Keno manager put the full win amount on the W-2G. I understood I... [ More ]

Reply #117

pacattack05 — Wed, 06 Jun 2007 01:09:15 GMT

They don't give you a form to fill out, soooooooooooooooooooo....that means they couldn't give two shmitz about it. It's not taxable.

Now that's common sense. Boy, I tell ya Floyd, I'm surprised that you haven't found the cure for cancer, considering you have such great knowledge about everything. From Aardvarks to Zeppolis.

Reply #116

chefgaryl — Wed, 06 Jun 2007 01:08:13 GMT

They are still going to pull out those pretty pink and yellow sheets if you cash 50 cent 4 didgit tickets because each 50 cent ticket is worth 2500 if you hit it straight, but as far as 1.00 three digits are concearned you can cash as many as you want .

Reply #115

KY Floyd — Wed, 06 Jun 2007 00:39:54 GMT

What? Can't a guy get away now and again?

Yes, it is required that income or prizes over $600 need to be reported by the Payor. It DOES NOT say you don't have to claim it as income. Where does it say that?

You've got it exactly right, but some people can't read something simple and come to the right conclusion, and have no clue about whar common sense really is. The rules spell out the requirements for reporting money that is paid to someone, and the reporting requirement is all that... [ More ]

Reply #114

Coin Toss — Tue, 05 Jun 2007 23:32:42 GMT

In Illinois even if you fill out all five games on a playslip for Pick 3, the terminal prints 5 separate tickets, not five lines of numbers on one ticket as it would for Pick 5 or Mega Millions (or 10 lines of numbers for $5 worth of Lotto).

Has to be a reason for it, may have something to do with taxes.

Re: signing the ticket. How about signing it

Washington Iriving / Irving Washington

(for those who have read Catch-22

Reply #113

TheGameGrl — Tue, 05 Jun 2007 23:03:12 GMT

To correctly report the claim procedure in PA, anything over 600$ on a single ticket is to be filed with the state , and issued by them in approximately 6 weeks or there abouts. Any retailer caught *cashing* in A Ticket above the six hundred dollar mark are prone to license recinding. Here is the kicker way around that little policy.

Example: Joe Smith has 7 tickets from a pick 3 game. Each one valued at 150$ each. He can go to any PA lottery retailer and cash them in , even though combined

Reply #112

jarasan — Tue, 05 Jun 2007 22:29:54 GMT

I think it strikes a chord in most because of the words evading taxation . Tactics that Al Capone, Wesley Snipes, etc. used was tax evasion, but collecting winnings is perfectly legal.

As far as Arkady Svidrigailov is concerned, he thought it was ok to be evil because man is generally evil. Well I don't know if he still lives, but a sure bet is, everyone dies, but whether or not someone is judged in the end is 50/50. I just would rather give the money to my family and not to the money- gr... [ More ]

Reply #111

justxploring — Tue, 05 Jun 2007 22:23:56 GMT

I wrote that because people were responding to my comments but didn't notice that I said that if someone asks you to sign your name just scribble something like Arkady Svidrigailov.

(anyone here ever been asked for ID to cash a $500 ticket?)

Crime and Punishment was my favorite Dostoyevsky novel. Roskolnikov was the protagonist and Svidrigailov was an evil villain. I loved Russian literature, but I always had trouble with the long names. His name is actually Arkady Ivanovitch Svidriga... [ More ]

Reply #110

pacattack05 — Tue, 05 Jun 2007 22:21:01 GMT

Justxploring, why would i sign it as Arkady Svidrigailov.

That's not my name....

Reply #109

TNPATL — Tue, 05 Jun 2007 21:50:36 GMT

I would keep it. If the person did not sign the slip, finders Keepers, and bills paid in full

Reply #108

DoubleDown — Tue, 05 Jun 2007 21:43:55 GMT

One more point: With slots, any jackpot over $1199.00 is taxable income and you will receive a

W-2G, unless it is a cruise ship in international waters, then no taxes taken and / or W-2G at all.

Reply #107

DoubleDown — Tue, 05 Jun 2007 21:40:21 GMT

I'm surprised nobody asked me who Arkady Svidrigailov is.

I'll Bite..... Who is he

Reply #106

Coin Toss — Tue, 05 Jun 2007 21:37:08 GMT

I'm leaning toward what Stack47 said on this one.

Casino jackpots (slots) are intentionally set up as to avoid being taxed (not the big jackpots, but such as non-progressive video poker). There is a formula or set of rules for each denomination machine, a 25 cent poker machine pays $1199 so as not to be taxed.

A dollar machine pays more but the amount where the jackpot would be taxed is higher.

Keno tickets have the same type of payout schedule. One of the biggest beefs I ever sazw wa... [ More ]

Reply #105

justxploring — Tue, 05 Jun 2007 21:25:00 GMT

I apologize for going so far off topic. I think what happens on long threads is that we often read a few lines and then comment (I'm often guilty of that myself) because I never said it was wrong if someone didn't report a small lottery prize.

The original question I was answering asked if someone wins $500 on 10 tickets and claims each ticket at a different store, is he evading taxation? Of course he is! I was just stating the obvious, but I never said I wouldn't do it or that the IRS gi... [ More ]

Reply #104

justxploring — Tue, 05 Jun 2007 20:51:19 GMT

Your federal government needs your money so that it can perform vital services for you that you would not think up yourself in a million years . Dave Barry

Reply #103

jarasan — Tue, 05 Jun 2007 20:15:15 GMT

Ok. I gotta chime in on this one. The IRS doesn't nickel and dime, they don't care. It is too time consuming for them to go after the little ones. Remember, the majority of taxes paid to the IRS comes from business and the top 10% of income earners I am talking like 90% of the collected taxes comes from the top income brackets.

Any money that you make and keep in your mattress unreported, is just that, in your mattress. They only know about it if you bank it and earn interest on it. I ha... [ More ]

Reply #102

Stack47 — Tue, 05 Jun 2007 20:06:29 GMT

If lottery winnings under $600 are taxible, the lotteries would require you to fill out a W-2G; they don't. They fill out a W-2G for winnings over $599 but don't withhold any taxes if the winnings are under $5001. Winnings on table games in casinos seem to be tax exempt because they don't give you a W-2G there either. I'm far from a tax expert but there are many exceptions for gambling winnings; if you don't get a W-2G, don't worry about it.

However regardless if you do or do not get a W-2G,... [ More ]

Reply #101

chefgaryl — Tue, 05 Jun 2007 19:40:05 GMT

If your in my state you have to pay taxes if you have a winning ticket of a dollar like on the big4 which it still does not matter because even if u get 50 cent tickets which still pays 2500 u still have to sign those pretty pink and yellow sheets. They give u 50 cent tickets so the retailer can cash them. If you have 1.00 tickets which pays 5000 for the big 4 it sometimes really hard to cash because the retailer may not have that much cash on hand

Reply #100

justxploring — Tue, 05 Jun 2007 18:50:05 GMT

If your single and claim no dependents, you don't pay taxes if you make less than $16,000 or $13,000,

Wrong again! When was the last time you filed a tax return, Kiddo? Look in the instructions that came with your 1040A or 1040EZ form. If your filing status is single and at the end of 2006 you were under 65 years of age, then you must file a return if your gross income was at least $8,450.

Reply #99

justxploring — Tue, 05 Jun 2007 18:40:13 GMT

As far as t-shirts and CDs, they are not currency.

Okay, whatever. You win, Pac. I need to get back to work. If a company gives you a bonus in cash or sends you on a trip to the Bahamas, it's still taxable. I've won furniture, trips and other items in sales contests and was taxed on all of them. You can't just give someone a house or car either. You need to follow the Gift Tax laws. They don't only apply to money.

You don't think that the people who win prizes on Wheel of Fortu... [ More ]

Reply #98

four4me — Tue, 05 Jun 2007 18:31:53 GMT

Yes the simple fact is unearned income small prizes etc. are taxable but most don't report it.

Reply #97

LuckyLilly — Tue, 05 Jun 2007 18:25:19 GMT

No, the reason they don't collect taxes on people with incomes under 13k or 16k or whatever is because those people are low income. Once you hit an income where you are deemed able to pay taxes, then the IRS wants payment on everything you earn and win whether from a job or thru gambling or sweepstakes or contest giveaways.

The IRS does want part of all the smaller wins, but they have to rely on the taxpayers honesty to get it.

Reply #96

chefgaryl — Tue, 05 Jun 2007 18:22:42 GMT

Well I would have to imagine that anybody in thier right mind would just keep the ticket or tickets, but in my case the way my luck has been going I probably get arrested for stealing the damn thing

Reply #95

pacattack05 — Tue, 05 Jun 2007 18:05:53 GMT

Too much paperwork? Are you kidding me? HA

Lets see....how many cash 3 games in the U.S.? HMMmm

How many straight and boxed wins combined from all states? HMMM

You're right., the IRS wants no part of all those winning tickets....LOL

You guys keep mixing earnings with prizes. Two different animals.

Believe you me, If the payout of straights, boxes, and the lower p-5 wins(atleast here in Florida where it rolls down if no one hits the jackpot, which usually pays about 80 to 120 buck... [ More ]