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Mega Millions lottery jackpot rolls to $120 millionReply
As soon as the drawing takes place, the winning ticket is worth the amount of the winnings. Anything you do with ownership after that moment is subject to the gift tax laws. Only one person will have physically purchased a lottery ticket. The IRS will expect that any ownership other than that of the one individual will need to be proven and that any transfer between people happened before, not after, the drawing to avoid gift taxes. When millions of dollars in tax revenue are at stake, the I
Feb 25, 2009, 11:29 am - Uff Da! - Lottery News

a better wayReply
Zennjohn said: found a way for the pick 3. I have no clue how other people think, but if I had a system that consistently hit the pick-3, I would play the numbers and collect my winnings. And if there was no affect my winnings, I would gladly share it. This type of numbers game has been around for at least 70 years and I suppose it's possible the millions of players that analyzed the numbers missed this new approach but I see no logical reason to announce they had such a system with no expla
Jul 6, 2008, 5:43 pm - Stack47 - Lottery Systems Forum

Kansas, Iowa lotteries create first multi-state scratch gameNews Story
The nation's first multi-state lottery scratch-off game will make its debut this summer at the Kansas State Fair. The $10 Midwest Millions game also will be sold in Iowa. Under Kansas Lottery executive director Ed Van Petten, the Sunflower State in recent years has been a frequent pioneer in new lottery games, including an Internet scratcher game and the novel $20 pocket slot electronic game card that rolled out last year and sold out fast. Van Petten is particularly proud of Midwest
May 29, 2007, 8:43 am - Todd - Lottery News

Contacting Professionals After You Hit A Multi-Million Dollar Prize!Reply
amsoly41 This is from the Powerball website FAQ page: CAN I REMAIN ANONYMOUS WHEN I HIT THE JACKPOT? All but three states (DE, KS, ND) have laws that require the lottery to release the name and city of residence to anyone who asks. One state (SC) will keep your name secret if you request it, but if someone files a Freedom of Information Act request, you may have to file a plea with the judge to deny it. Photos and press conferences are always up to you. Most of the time, it is advisa
Jan 23, 2007, 10:32 am - Coin Toss - Lottery Discussion Forum

Contacting Professionals After You Hit A Multi-Million Dollar Prize!Reply
Now this is interesting and opens up a whole lot of questions. I live in Tennessee. On the tnlottery dot com website. It states the following in Faq section. [The prize can be issued to an individual, corporation, organization, partnership, trust or estate. Any non-individual claimant must provide documentation of authority to the TEL before the prize will be paid. Can the winner of a large Lottery prize remain anonymous? Tennessee law requires the Lottery
Jan 22, 2007, 2:15 pm - amsoly41 - Lottery Discussion Forum

Roller Coasters Vs. the lottery...
I was looking at roller coasters on Tv and i am surprise at some things...The program i was looking at was about roller coasters...For example, there are roller coasters that cost 4 million, I was looking at the tv and saw one that cost 24 million. The surprising thing is that building, maintaining, and starting a roller coaster cost money too and it requires research, lot of research. Research with computers, electronics, dummies, people studying optimization, etc..Roller coasters have so much
Aug 10, 2006, 1:37 am - pumpi76 - Lottery Discussion Forum

Wealthiest schools lose out in Okla. LotteryNews Story
Eight public school districts aren't receiving any of the $75 million allocated to common education this year from Oklahoma's lottery and racetrack/tribal casino laws.The reason: The schools are considered independently rich from local taxes on property and oil and gas production.That means those districts must use local money exclusively to fund teacher pay raises and full-day kindergarten, the two main programs Gov. Brad Henry cited in lauding the state's gambling partnership.Several other dis
Dec 26, 2005, 11:39 am - Todd - Lottery News

Oregon Lottery adds slot games to video poker machinesNews Story
The electronic version of one-arm bandits is coming to Oregon bars and restaurants this summer.Under prodding from Gov. Ted Kulongoski, the Oregon State Lottery Commission voted unanimously Wednesday to allow slot-machine-style games on the state's network of video-poker terminals.That means more than 2,200 bars and restaurants across Oregon could offer electronic slots as soon as July 1. But first the state must persuade retailers to accept new contracts that reduce their share of video-poker
Jan 27, 2005, 12:57 pm - Todd - Lottery News

$40 Million Man's payments endNews Story
For the first time in 20 years, Michael Wittkowski and family won't be receiving their big fat annual check courtesy of the Illinois State Lottery.The $40 Million Man is on his own again.Do you remember him? If you were around at the time, who could forget?His was the first mega-jackpot in Illinois lottery history, the biggest to a single winner anywhere in the nation at the time, earning the then-28-year-old unmarried printer from the Northwest Side a spot in the Guinness Book of World Records
Aug 31, 2004, 8:53 am - Todd - Lottery News

Mega Millions and Powerball lottery jackpots both top $300 millionNews Story
Two near-equal jackpots up for grabs this weekend By Kate Northrop This weekend, lottery players will have two equally large jackpots to consider, with both multi-state games Mega Millions and Powerball surpassing the $300 million mark. In the gold corner... we have Mega Millions at $355 million for the Friday, Sept. 30 drawing at 11:00 pm EST. In the red corner... is Powerball at $322 million for the Saturday, Oct. 1 drawing at 10:59 pm EST. Joking aside, one of the questions wi
Sep 30, 2022, 5:13 pm - Todd - Lottery News