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NY Dream Team 2023Reply
Yes you have the option of paying taxes UPFRONT....
May 4, 2023, 9:12 pm - Andrew1209 - Pick 3 Forum

Racetrack taxesReply
Do you want things to be easy, to be fair to everybody, or to follow IRS regulations? The easy way is to let the track withhold the money, split the rest, and have one person claim the winnings and pay the taxes. To be fair to everybody you'd figure out the actual tax implications for the person who reports the winnings and split the actual amount after the taxes that result from the additional income. It's unlikely that what the track withholds will be exactly what is owed in taxes, so
May 4, 2023, 1:50 am - KY Floyd - Lottery Discussion Forum

German €10 million lottery winner buys pet alligatorReply
He will be broke owe $$$$ in taxes- a fool with money.
Mar 14, 2023, 12:29 pm - gellis65 - Lottery News

One ticket sold in Maine wins $1.35 billion Mega Millions jackpotReply
In most states that have state income tax, any income from that state is subject to state income tax regardless of state of residence. Unless the state exempts lottery winnings from state income taxes, there is no way to get out of paying income taxes to that state. In my state(Louisiana), if a full time resident of the state has to pay state income taxes to another state for some reason, those taxes can be deducted as a non-refundable credit from what Louisiana is requiring the individual t
Jan 15, 2023, 5:38 pm - PrisonerSix - Lottery News

Florida: 1/1 - 1/31/2023Reply
6666 5 $1 Straight $25k don't pay taxes till next year.Congratulations all winners.
Jan 7, 2023, 2:44 pm - Pick1111 - Pick 4 Forum

New Jersey Lottery Pick 4 payout sets single-day state recordReply
And you paid taxes on those $700, cashing probably less that the $583 you mention .....
Dec 31, 2022, 2:31 am - positano - Lottery News

Whoever does win the $1.9 Billion better be packing!Reply
FYI, the California winner is taking home $628.5 million in cash after taxes.
Nov 12, 2022, 11:47 am - Todd - Lottery Discussion Forum

Record $1.9 billion Powerball drawing delayed until TuesdayReply
They might get 100 million after them California taxes hit them .
Nov 8, 2022, 1:34 pm - judah - Lottery News

Two Illinois lottery winners in a partnership claim $1.34 billion Mega Millions jackpotReply
I agree wholeheartedly that winners should be exempt from Federal taxes. What gets me, since I've been on both end of the spectrum is the disparity in taxation. When I win over $600 on the lottery, have to pay taxes end of the year. At the casino anything over $1199 then it gets taxed. Of course with the latter you can tell them 'No Federal taxes'. State is mandatory. I've always said take the taxes and be done with it. Not sure however if and when Federal taxes taken out are mandatory
Sep 22, 2022, 8:04 pm - Bleudog101 - Lottery News

Florida: 8/1 - 8/31/2022Reply
That is not true like you said play 4 tickets which are 5000..so you gotta pay taxes...any single prize 5 grand or more is taxable so ofcourse you paid taxes...there is a section on florida lottery about taxes please read and understand what it says...
Aug 30, 2022, 5:45 pm - DB1OFF - Pick 3 Forum