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$875 MILLION: Powerball lottery jackpot surges on rolloverReply
Am in too - will get two QP and I always add the extra buck for the power play - Ii I hit second tier, there will be more left after the taxes
Jul 13, 2023, 11:07 am - JustMaybe - Lottery News

Racetrack taxes
Sorry, I wasn't sure where to post this I have a question regarding winnings at the racetrack I have cashed tickets for multiple thousands of dollars at the track in the past and always had the option for them to take 20% (or maybe it was 25%?) right off the top and I claim it at tax time But it has always been just me and the winnings What if I'm in a pool with several people and we have them take the tax right off the top How are the other players responsible for their fair
May 3, 2023, 12:23 pm - ScoobyDue - Lottery Discussion Forum

Maryland man wins third $50,000 Pick 5 lottery prize in less than a year using same numbersReply
But if you hit for 50K on the Pick 3 you can cash them in a few at a time and not have to pay the 32.95% in taxes.
Apr 28, 2023, 5:16 pm - grwurston - Lottery News

The ever increasingly inflated jackpot prizes for MM and PB
Not sure if many have noticed ( look at current jackpot) there's a huge gap between estimated cash value and jackpot prize. It used to be cash value representing roughly 80-85% of total jackpot prize then states and federal taxes where apply. Now it's almost less than 40%. That is a huge change in how lotteries are estimating jackpot prizes. Setting aside the fact the United States is the only country that taxes lottery wins, it's also the only country in the developed world where it's legal to
Feb 27, 2023, 4:15 pm - thaencyder - Lottery Discussion Forum

Maine winner of $1.35 billion Mega Millions lottery jackpot comes forwardNews Story
Winner claims prize anonymously under a trust By Kate Northrop The Maine Lottery announced this week the lone winning ticket-holder of the $1.35 billion Mega Millions jackpot drawn in January has come forward. As of Tuesday, the $1.35 billion Mega Millions jackpot drawn on Jan., 13, the fourth-largest lottery jackpot in history, has been claimed. The lucky lottery winner might be the richest person in Maine right now (or perhaps a neighboring state). They turned a date that is ty
Feb 23, 2023, 11:46 am - Todd - Lottery News

Canadian woman too shocked to tell mother about $60 million Lotto Max jackpotReply
Remember, like most European countries,no taxes on lottery in Canada.She will get the whole 60m. US should learn from this.
Jan 25, 2023, 11:31 am - Petrust99 - Lottery News

New knees for North Carolina $150,000 Powerball winnerReply
The winner visited Lottery headquarters in Raleigh on Tuesday to claim her prize and took home $106,876 after taxes. Whatever is left over after the knee surgery, she said, will go into savings. Depending on her other income, she may have to pay additional taxes as well.
Jan 16, 2023, 8:53 pm - TheMeatman2005 - Lottery News

New knees for North Carolina $150,000 Powerball winnerReply
Did she have to pay taxes or did she get the full $150,000? ( 122,991)
Jan 16, 2023, 4:31 pm - Clarkejoseph49 - Lottery News

Whoever does win the $1.9 Billion better be packing!
In more ways than one. Whoever wins the $1.9 billion(Roughly $500 million after taxes) better be buying guns and be packing their bags and getting the hell out of dodge if they live in one of the many states that require Winners to come forward publicly in order to claim the prize. They're going to be dealing with a lot of People begging them for money at best(I remember a story where some 20 year old young man came forward one day and won about 20 million before taxes, so probably about 5 milli
Nov 8, 2022, 10:36 am - Lotto fanatic - Lottery Discussion Forum

What would you do with the grand prize tonight?Reply
I don't know. I mean really, what can you do with $502 million cash after taxes.
Nov 7, 2022, 8:19 pm - grwurston - Lottery Discussion Forum