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After alleged lottery ticket theft, store banned from ticket salesReply
That might work fine for your group, but everyone in that pool were machinists, electricians and maintenance repairmen who were working a lot of overtime and some of their tax brackets could have been nearer $30% so no one wanted to take a chance if they had a good year. Besides, regular taxpayers have to combine their lottery loses with their overall loses due to interest on debt and other expenses associated with their work and exceed the standard $4500 allowance everyone gets regardless be
Feb 28, 2007, 9:17 pm - RJOh - Lottery News

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

Ohio man wins lottery, beaten and robbed at local barReply
what once did exist no longer exists. there wouldn't be enough business for these alleged crime factions to bother to continue running a numbers racket. no taxes sure but anyone can avoid those by playing smaller denomination tickets (.25) will not get you a tax ticket on a 3 digit number. and who is going to bother going to the shoe repair shop to play a number that will pay more than the 600.00 with a mobster type. at least with the state they know they will get paid. hard to believe the nj lo
Oct 8, 2013, 4:05 pm - faber98 - Lottery News

JoeyD New York chartsReply
I didn't know you wheeled take 5 to ,that's where the money is.775.00 and 21.00 not bad. CONGRATS !!! Save those time dated losing tickets and don't pay taxes on your winnings.
Aug 3, 2012, 1:07 pm - loonasee2 - Pick 3 Forum

Post your scratch ticket resultsReply
Now thats what im talking about! CONGRATS ED !!!! Save your other tickets and you will get the taxes back at the end of the year. dont let em get a dime lol. Where'd you snag this was it at Publix ??
Jul 26, 2012, 6:10 pm - James1 - Instant ("Scratch-Off") Games Forum

State lotteries get creative to drive higher salesReply
By the way, anybody from other states can buy season tickets from the Mass Lottery. It costs only $90 for 104 games so you actually save $14. And end up paying taxes in two states?No thanks.
Dec 13, 2011, 5:06 am - CLETU$ - Lottery News

Ct. man claims he lost $254M Powerball ticketReply
In my case, I buy tickets just about every day and am normally very well organized. It happened. Oh, well. My mess up. If you do save your losing tickets, you may need more than just the losing tickets to offset taxes. Anyone can collect losing tickets from friends, co- workers etc. You need to keep a detailed record of what you spent, when you spent it, where you spent it, and having receipts would better yet. The I.R.S. wants receipts for every thing else, why would gambling loses be any di
Nov 6, 2011, 7:54 pm - grwurston - Lottery News

Maryland Lottery Pick 4 drawing generates huge payoutReply
The tax will be reported for 2011, the winners will receive w2-Gs in the mail in a couple of weeks after claiming, hold on to it for next years taxes...................you can deduct gambling wagers 2011 up to the amount won on next year's tax return........................................save your losing tickets as receipts God forbid they audit you. TAX TIME!
Mar 2, 2011, 9:23 am - jarasan - Lottery News

TaxesReply
Not too much more can be said, that hasn't already been said about saving Loosing Tickets to offset your Winnings at Tax Time: https://www.lotterypost.com/thread/193821 Lottery Post Forums Search is Your Friend: https://www.lotterypost.com/search?q=taxes+save+tickets t=all
Jan 6, 2010, 9:21 am - Raven62 - Lottery Discussion Forum