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DC man sues the lottery after incorrect numbers posted on website would have won him $340 millionReply
Thanks for posting this...somehow this page eluded me. If this clown keeps waving attention flags maybe the nearby IRS will look into his taxes (seriously doubt that).
Feb 29, 2024, 11:39 am - Bleudog101 - Lottery News

Maryland: 2/1 - 2/29/2024Reply
Here's what they said. My question. If a win on the double box payout totals an amount over $600 do we have to fill out a claim and pay taxes on it? Example, if we play a dollar box on a Pick 4 double for $400 and get a Double Box Payout ticket that would be $800. Do we have to fill out a claim to get the $800 if we win? Or will the retailer just gives us the $800 cash? Thanks! Their answer. Good morning Mr. Wurston, Thanks for checking in again. The tax threshold of paying t
Feb 13, 2024, 6:55 pm - grwurston - Pick 4 Forum

One Michigan lottery ticket wins $842.4 million Powerball jackpotReply
It's a double whammy with US State-only lottos. They have low payout percentages, at least with Powerball and Mega Millions. Then they have high taxes on the winners. Account for all the money going in from the players and out to the State, and you see how unjust US lottos are. That's what happens with all coerced monopolies, which is what all US State-only lottos are. You get ripped off with inferior coerced-monopoly products.
Jan 4, 2024, 7:57 pm - Wavepack - Lottery News

Massachusetts lottery winner of $25 million scratch-off prize will enjoy Christmas in ArubaReply
Unfortunately as players we cannot dictate the payout percentages and taxes, so we just voluntarily play knowing all that. I am glad that I live in a state that doesn't tax the lottery, so after uncle Sam takes his 37%, I get to keep the rest.
Dec 7, 2023, 10:16 am - JustMaybe - Lottery News

Poll: Classic Mega MillionsReply
MM cash value for Tuesday draw is $175.4 million. That's enough for me. In fact, at my age, $1 million ($630,000 after fed taxes) is enough for me. Yeaa, but will it be enuf AFTA You factor in MY Muhammad Ali cut... Howard Cosell ?
Dec 4, 2023, 1:17 pm - Stat$talker - Lottery Discussion Forum

Poll: Classic Mega MillionsReply
Get your point. But...interest rates control the difference between annuity prize and cash value prize. MM cash value for Tuesday draw is $175.4 million. That's enough for me. In fact, at my age, $1 million ($630,000 after fed taxes) is enough for me.
Dec 3, 2023, 12:00 pm - rcbbuckeye - Lottery Discussion Forum

Texas Lottery pays out largest jackpot in state history with $360 million Mega Millions claimReply
You are very right. Also the taxes, at least the initial tax is based on the state of purchase. There are two likely scenarios, the winner used to live in Texas but moved after it the winner was just driving through from SD and won.
Nov 16, 2023, 4:26 pm - JustMaybe - Lottery News

Big Prize Winners on LPReply
If you notice a lot of what you find here on LP is for pick 3 and 4. These pick games are easier to win vs the big lotteries. Also in many states if you play pick 3 you can cash it at the store tax free. However be aware if your state offers online play where you can play via the states lottery web site instead of going to an outlet to buy a physical ticket.. You will pay taxes on any of your winnings. The big plus of online play is you don't half to think about what you are doing if you have an
Nov 7, 2023, 10:57 am - lottologix - Lottery Discussion Forum

California man asks clerk to choose a lottery game for him, ends up picking out a ticket worth $10MReply
The IRS just recovered 112M from 100 millionaires who used various ways to evade tax. These are individuals who owe 250K or more in taxes. Winning 9,999,999 doesn't get you off the hook. If you do Uber eats or doordash gigs you are on the IRS radar. In short everyone is on their radar. So giving the clerk 17K to get off the IRS radar is a myth
Oct 20, 2023, 10:06 pm - JustMaybe - Lottery News

$1.725 BILLION: Powerball jackpot now 2nd-largest of all timeReply
$5,518,045 after taxes for the MM. Mmh, I wil take it, so getting a ticket for today's draw
Oct 10, 2023, 7:08 pm - JustMaybe - Lottery News