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Florida: 9/1 - 9/30/2022Reply
Curious on the 500k did they make you take out taxes or do you have a choice?
Sep 28, 2022, 1:35 pm - Loveslots - Pick 4 Forum

Florida: 9/1 - 9/30/2022Reply
We been waiting on them Quads.I got 400k after taxes off my scratch off.Another 20k from the quads.I think ima take a break after today.GL
Sep 28, 2022, 8:49 am - Pick1111 - Pick 4 Forum

Florida Fantasy-5 PlayersReply
One thing about JPT and it's 2 million dollar jackpots and The Cash Option..... The Annuity Option is as follows, 25 annual payments for JACKPOT TRIPLE PLAY to receive 2 million dollars before taxes. Jackpot Triple Play winners who want to receive a single cash payment must claim their prizes within the first 60 days after the draw date . Applicable federal income tax withholding will be deducted at the time payments are made for the cash option. If you take The Cash Option, obvious
Sep 19, 2022, 8:11 am - GiveFive - Pick 5 Forum

Florida: 8/1 - 8/31/2022Reply
Can u turn in ur losing scratch off tickets for taxes to offset ur lose tickets
Aug 30, 2022, 4:48 pm - Lottery1221 - Pick 3 Forum

Florida: 8/1 - 8/31/2022Reply
Hi Chris They told him No Taxes need to be paid and they put a big x on the slip paper for taxes
Aug 30, 2022, 1:03 pm - tinkerbe34 - Pick 3 Forum

$1.5 billion Mega Millions winner explains how "Lottery Lawyer" Jason Kurland stole $83 millionReply
So after taxes and $$ to charity, what's left? Is there enough to continue paying 10 family members $125 kyr
Aug 16, 2022, 11:35 pm - EnReval - Lottery News

$790 MILLION: Fourth-largest lottery jackpot in history to be drawn TuesdayReply
Ohhhhhh,pay taxes($171.8M roughly)....Family and friends will take 35%, keep $65M, Charities get $65-75M and the rest will go towards starting a non profit......The end
Jul 24, 2022, 11:19 am - CDanaT - Lottery News

Maryland: 2/1 - 2/29/2024Reply
I sent them a second email. Jim, Well, if we have to pay the 32.95% taxes (24% Fed, 8.95% state) which comes out to $263.60 on the $800 win per my example, that would leave me with only $536.40 in total take home winnings. I know you don't have any control or say over the taxes, but I'm going to be candid here. If that additional $400 in winnings is only going to amount to an actual $136.60 extra in my pocket, then in that case I hope I DON'T get one of the Double Box Payout promo
Feb 14, 2024, 7:02 pm - grwurston - Pick 4 Forum

$1.76 billion Powerball jackpot won by one ticket sold in CaliforniaReply
I always buy one regardless of the amount - I sort of like the gradual addition as the jackpot increases. So is the one extra ticket added per every 100M based on the take home amount, or the jackpot estimate? For example the last jackpot was 1.7B, so if you buy an extra ticket for every 100M, you'd need to buy 17 tickets the last draw. But if it's based on the take home amount after taxes, then that would have been 4 tickets for the last draw. I would be comfortable adding for every
Oct 13, 2023, 11:50 am - JustMaybe - Lottery News

$910 MILLION: Mega Millions lottery jackpot making another historic runReply
This is indeed interesting. My understanding has been that tax is based on residence especially for the annuity after the first payment. I have read widely on Taxes and have wanted to know what are the best tax strategies. Unless the CPAs and CFAs are totally wrong, I don't know who to believe. Below is an extract and a link to some articles from Tax Advisors. @KY Floyd: let me know what your thoughts are after reading the below and the article. From a state tax perspective, an
Jul 28, 2023, 8:45 am - JustMaybe - Lottery News