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Editorial: Study of lottery winners still receiving food stamps is flawed but raises good pointsNews Story
Independent group finds that more than 65,000 lottery winners stayed on food stamps after their wins By Kate Northrop An independent group surveyed government data and found that over 65,000 individuals who won significant lottery prizes have continued collecting food stamps. A think tank called the Foundation for Government Accountability (FGA) submitted Freedom of Information Act requests to all 50 U.S. states for data on lottery winners collecting food stamps since 2019 and found
Oct 23, 2023, 6:01 pm - Todd - Lottery News

Alabama man wins $150,000 a year for life in Florida LotteryReply
That's great. But he'll still have to pay his taxes in Alabama. Good for him, Florida won't tax him.
Oct 17, 2023, 9:00 pm - sdw1000 - Lottery News

$1.725 BILLION: Powerball jackpot now 2nd-largest of all timeReply
I looked into this number combination once. Approximately 10k people play these numbers for every draw. It would actually be hilarious to see the jackpot split that many ways with each winner only receiving $70k or so before taxes.
Oct 10, 2023, 12:23 pm - DDBagger519 - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
yup, after taxes that is 238,169,000 million dollars, still an amazing amount of money to have. The other option is to go with the annuity payout for 1.4 bill which is 70 mill for 20 years. But a lot can happen in 20 years so most take the cash,
Oct 5, 2023, 10:42 am - lottoman626 - Lottery News

Wisconsin: 9/1 - 9/30/2023Reply
You are not going to believe this.i went to poto today and was playing 1 cent small bet .28 cent for almost 3 hours .i put 100 in and got it up to 150 so i decided to up it to .56 cent and second spin in look what pops up.i have never won a grand on these and these are my favorite i always play.i never even get a major or maxi.i had them take taxes out so i can get it back at tax time
Sep 17, 2023, 7:48 pm - winnie1212 - Pick 3 Forum

$2 billion Powerball lottery winner Edwin Castro buys a third California mansion for $47 millionReply
Good for you Edwin Castro.I hope it's not your advisors referring you to these Realtors But I guess they are. Taxes, insurance and maintenance will get higher but now I guess you can afford it . Hope these properties are for your family . Good luck to you enjoy your wealth. Worse come you can sell sell sell
Sep 13, 2023, 4:54 pm - welington - Lottery News

Arkansas woman almost gifts winning lottery ticket to ex-father-in-lawReply
Yes, that 75K will be reduced to around 51K after taxes. It does seem like she is gloating about the fact that she put one over on her ex father in law. But why would she have been sending him tickets in the first place if they had issues over her failed marriage. Something is amiss here. Once again, she should not have brought this fact up no matter what the relationship was.
Sep 12, 2023, 11:25 am - billybucks - Lottery News

Don't let the brain play tricks on you.Reply
Should you win, you get to keep all the money. Thats the fun bit, unlike over here where up to 47% could be taken in taxes
Aug 25, 2023, 8:28 am - JustMaybe - Lottery Discussion Forum

One ticket sold in Florida is sole winner of $1.58 billion Mega Millions jackpotReply
No State tax on Lottery in Florida, Lump sum was $794.2M, after Fed taxes that's $500.3Million. Not sure where you get the $800M figure from.
Aug 19, 2023, 1:12 am - Rexer90 - Lottery News

Pennsylvania: 7/1 - 7/31/2023Reply
40% to taxes? Sounds like they took extra. Should get at least another 10,000 back in tax return. Unless that took them from total income less than $200,000 to well over 200,000??
Jul 22, 2023, 1:08 pm - vtburke - Pick 3 Forum