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New York Dream Team 10/1/12 - 10/31/12Reply
You may not have to pay any taxes, just save all your losing tickets and you can write them off.
Oct 28, 2012, 8:36 pm - tiger13 - Pick 3 Forum

New York: 10/1 - 10/31/2010Reply
I was about to separate my receipt (goes in shoe box for taxes) from my tickets taxi tell me how you do that...you have to save the reciept or the tickets...how are you able to claim your losses on your taxes.. i thought you save the ticket,
Oct 2, 2010, 6:40 pm - headcrack - Pick 3 Forum

North Carolina: 4/1 - 4/30/2019Reply
They monitor those sites for such....save them to offset any wins you might have...say you hit pick 4 ....you report your winning and then you can deduct your losses up to the amount you won...you receive credit for the taxes that were deducted by the lottery..and reduce any further tax obligation on that win. You have to save the tickets to claim them as a loss though. So I only throw tickets away at the end of the year, if I had no reportable wins...
Apr 6, 2019, 12:49 am - JAMORA - Pick 3 Forum

New York Dream Team 12/01/18 - 12/31/18Reply
save every time dated ticket and all the ones you can find.Back those taxes down.Scratch offs won't count.I have several convenience stores save me the losing tickets people toss.Have a friend up the road hardcore player ,she hits Take 5 two at least times a year .She has all losing tickets filed away for tax purposes.
Dec 12, 2018, 10:42 am - loonasee2 - Pick 3 Forum

New York Dream Team 08/01/17 - 08/31/17Reply
uni side note : start save your non-winning time and dated stamped lottery tickets.So you don't pay any tax on your win.You write off your losses with time dated stamped lottery tickets when you do your taxes. just sayin lol ,.........and good for you congrats (dream believer now).
Aug 6, 2017, 10:10 am - loonasee2 - Pick 3 Forum

North Carolina: 4/1 - 4/30/2019Reply
Be sure to save your losing tickets as they can be used for writing off those taxes (fed at least) next year. Up to the amount you won.
Apr 17, 2019, 1:43 am - JAMORA - Pick 3 Forum

Pennsylvania: 3/1 - 3/31/2019Reply
I don't agree on them making some one wait that long Casino's and Race Track's don't earn more interest on your winnings a lot of tax save aa your loosing tickets for next years taxes
Mar 4, 2019, 3:35 pm - jojosurf - Pick 3 Forum

The Michigan Weekly-3/5 thru 3/11Reply
Undress, save all your play tickets...........EP is right.............you can deduct them for your taxes...make sure you set some money aside estimating your taxes..........come tax time you don't want to be surprised...................that is exactly why I don't play 4 digit........I won big once and I thought it was a hassle.........I rather win on 10 Pick3 straight tix....lol...wouldn't everyone...
Mar 10, 2005, 3:09 pm - Sandy K - Pick 3 Forum

Dream Team 03/01/21 - 03/31/21Reply
That's a great deal, he must save all the losing tickets in his store to offset his taxes come tax time. congrats on the 233 hit as well!
Mar 16, 2021, 10:46 pm - BigJonStud - Pick 3 Forum

North Carolina: 10/1 - 10/31/2016Reply
Well, I can't speak for everyone but I was already discouraged --that's why I decided to save my money and not play-- but it was nice to see that I was playing the right numbers and would have won had it not been for 3 pre-draws everyday. I'm sure when they finally do drop the green ball, it won't be any number anyone will be playing. We know NCEL better than that. By the way, I find it hard to believe that if you buy a $1 exact ticket and win $500 that would double to $1000 should the green bal
Oct 5, 2016, 10:47 am - Trynsohard - Pick 3 Forum