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One Michigan lottery ticket wins $842.4 million Powerball jackpotReply
What's the alternative. No lottery. Everyone knows the lump sum is all that is in a jackpot. The lure is what the annuity would be is the jackpot you see. Taxes are taxes. No escaping the taxes. You just accept what you get and be happy about it. They are not about to all of a sudden announce, no more taxes on excessive lottery winnings.
Jan 4, 2024, 9:20 pm - billybucks - Lottery News

British Columbia Lottery taking bets on US electionReply
If you think Trump's taxes is going to determine if he wins or loses votes than you are from another PLANET... cause we have bigger issues than worrying about Trump releasing his taxes... your just jealous about Trump cause Trump knows the laws in how he can do his taxes just like other people know and use them to their best interest... and Trump is not stupid enough to lose all that he has worked for over not paying his taxes... Trump is smarter than Hillary when it comes to Business Deals...
Sep 29, 2016, 6:49 pm - Dee88 - Lottery News

British Columbia Lottery taking bets on US electionReply
Trump, please release your taxes! What kind of business man are you, release your taxes. What are you hiding? Release your taxes! How much debt do you have, $300 million or $600 million? Show your taxes! What kind of factory jobs are you going to bring back when a lot of factories are automated or going automated.
Aug 27, 2016, 9:54 am - bigbear29 - Lottery News

Alabama woman claims biggest Florida Lotto jackpot of the yearReply
The only taxes she will be paying is the federal taxes to Alabama. Which people who have won would like to see chance. We believe that the state that you win in such get all the taxes. Why such Alabama get any part of the taxes, they don't approve of gambling here it illegal.
Nov 26, 2014, 12:03 pm - cbr$ - Lottery News

U.S. lawmaker hits the lotteryReply
after dividing 75K 3 ways i don't get 24,835 before taxes or after taxes..why this odd amount..after taxes it should be about 51K divided 3 ways for about 17K apiece... or do these state rep hacks get out of paying taxes (probably)? as far as reichert 200.00 casino win goes how does anyone know that. it is certainly under the tax threshhold and certainly not reportable...
Jun 16, 2011, 3:57 pm - faber98 - Lottery News

Tennessee Senator criticizes Lottery vacation, sick leave policyReply
I understand your reaction if you're the government worker getting laid off. However, philosophically, I believe smaller government is better, and I strongly believe in capitalism and competition as the means to achieve the best possible results.Taxes pay for government jobs. The more government jobs, the higher the taxes.On the other hand, companies make their money independent of taxes, and actually generate income for the government because they themselves are taxed.Therefore, letting corpo
Apr 8, 2004, 10:34 am - Todd - Lottery News

Treasurer eyes tax-evading Lottery winnersReply
>That raises suspicions that a small number of people who don't pay taxes are paying cash to buy winning tickets from legitimate players who want to avoid taxes.Can someone explain why the people who don't pay taxes don't pay taxes? It looks like the state has their name and information.
Sep 11, 2003, 7:23 am - tg636 - Lottery News

Lottery veterans question Tennessee family's behavior before claiming Powerball winningsReply
$528.8 million before taxes for the annuity I did not say anything about the cash value I said that was the share. Not sure of the exact cash value but either way who cares as it will be a lot more than they will know what to do with. But that is what was on the big check. As I said before I find it amusing that so many on here focus on is the taxes instead of focusing on the much larger portion that was won. If I won that much money I would not care about the taxes, it is way more money after t
Jan 17, 2016, 2:14 pm - sirbrad - Lottery News

Woman forgot $23M lottery ticket in car and claimed it just before deadlineReply
This time is needed to check government databases to determine if the winner owes back taxes, child support, liens, alimony, etc. It is better to get that sorted out, and it can only commence once the winner comes forward and provides personal identification information. It amuses me when I read about winners getting charged for tax evasion by having others claim tickets. So instead of paying 25 to 40 percent of winnings in taxes, they end up paying 60 to 70 percent in taxes, penalties and fines
Nov 6, 2012, 5:06 am - OldSchoolPa - Lottery News

New Hampshire repeals taxes on lottery prizesReply
It is a WONDERFUL thing that New Hampshire also decided to charge ZERO state taxes for lottery winnings! I wish that my residence state, Illinois, would follow suit and thus charge ZERO state taxes for lottery winnings (sadly, all of our neighboring states also charge state taxes). After all, each state's FIRST round of taxes were collected when I bought each lottery ticket from a lottery retailer. Rather, my residence state, Illinois, did the opposite by INCREASING the state taxes, by a
May 24, 2011, 4:05 pm - HaveABall - Lottery News