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$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionNews Story
Winner might wait until last minute to claim lump sum unless they choose annuity By Kate Northrop Time is running out for the Florida winner of the $1.58 billion Mega Millions jackpot, who has two weeks left to step forward if they want the cash option of the prize. There's not much time left to claim the one-time lump sum option of the $1.58 billion Mega Millions jackpot, which was drawn in August. Unless the winner is planning on taking the annuity option of the jackpot, they b
Sep 22, 2023, 3:09 pm - Todd - Lottery News

$910 MILLION: Mega Millions lottery jackpot making another historic runReply
You definitely have a valid argument especially on free tax advice however when someone puts their credentials CPA next to the article they have written, then it really is worrying if the article is not sound advice. My personal thoughts would be since the subject of TAX is factual and not based on perception or preference - we have tax brackets for single, married filing jointly or married filing separately, head of household etc - then someone penning an article on any TAX subject should b
Jul 28, 2023, 6:29 pm - JustMaybe - Lottery News

California Lottery announces group as winners of historic $1.765 billion Powerball jackpotNews Story
Second-largest lottery jackpot in history finally claimed Updated with additional information about jackpot winners By Kate Northrop Today, the California Lottery announced the winners of a $1.765 billion Powerball jackpot, the second-largest lottery jackpot in history. One ticket in a small California town won the $1.765 billion Powerball jackpot from the drawing on Oct. 11, 2023, and now we know who it belongs to. Theodorus Struyck was revealed by the California Lottery as
Mar 15, 2024, 4:10 pm - Todd - Lottery News

Virginia woman wins $50,000 Pick 5 prize on first-ever lottery ticketReply
It is Bleu dog; my first rescue, that was his name. A Jack Russell/Blue heeler. He already had that name. I miss him terribly. After taxes she would get the whole thing, what ever that is.
May 10, 2024, 8:31 pm - Bleudog101 - Lottery News

DC man sues the lottery after incorrect numbers posted on website would have won him $340 millionReply
Thanks for posting this...somehow this page eluded me. If this clown keeps waving attention flags maybe the nearby IRS will look into his taxes (seriously doubt that).
Feb 29, 2024, 11:39 am - Bleudog101 - Lottery News

One Michigan lottery ticket wins $842.4 million Powerball jackpotReply
It's a double whammy with US State-only lottos. They have low payout percentages, at least with Powerball and Mega Millions. Then they have high taxes on the winners. Account for all the money going in from the players and out to the State, and you see how unjust US lottos are. That's what happens with all coerced monopolies, which is what all US State-only lottos are. You get ripped off with inferior coerced-monopoly products.
Jan 4, 2024, 7:57 pm - Wavepack - Lottery News

Massachusetts lottery winner of $25 million scratch-off prize will enjoy Christmas in ArubaReply
Unfortunately as players we cannot dictate the payout percentages and taxes, so we just voluntarily play knowing all that. I am glad that I live in a state that doesn't tax the lottery, so after uncle Sam takes his 37%, I get to keep the rest.
Dec 7, 2023, 10:16 am - JustMaybe - Lottery News

Texas Lottery pays out largest jackpot in state history with $360 million Mega Millions claimReply
You are very right. Also the taxes, at least the initial tax is based on the state of purchase. There are two likely scenarios, the winner used to live in Texas but moved after it the winner was just driving through from SD and won.
Nov 16, 2023, 4:26 pm - JustMaybe - Lottery News

California man asks clerk to choose a lottery game for him, ends up picking out a ticket worth $10MReply
The IRS just recovered 112M from 100 millionaires who used various ways to evade tax. These are individuals who owe 250K or more in taxes. Winning 9,999,999 doesn't get you off the hook. If you do Uber eats or doordash gigs you are on the IRS radar. In short everyone is on their radar. So giving the clerk 17K to get off the IRS radar is a myth
Oct 20, 2023, 10:06 pm - JustMaybe - Lottery News

$1.725 BILLION: Powerball jackpot now 2nd-largest of all timeReply
$5,518,045 after taxes for the MM. Mmh, I wil take it, so getting a ticket for today's draw
Oct 10, 2023, 7:08 pm - JustMaybe - Lottery News