Search

I accidentally called Federal Taxes fees. My bad. :)
So on YouTube, a Woman won $98,000 on a Slot Machine. I noticed that virtually none of the replies asked her how much she paid in Taxes. So I mentioned about a guy who had won about $126,000 and got $80,000 in take home Winnings and how Posters were disgusted and SHOCKED that $46,000 was taken out for Taxes. She replied, I paid about $3,000 in Taxes. I mentioned how cheap her Taxes were compared to the guy who had $46,000 taken out for Taxes. She replied something like, Yep, my State Tax
Dec 2, 2021, 6:42 am - Karen Nathan - Lottery Discussion Forum

MegaMillions advertised annuityReply
Ladies, Gentlemen: Please see the copied spreadsheet below. Should anyone be interested in obtaining the Excel Spreadsheet, I will be glad to pass it along. It uses the following basic assumptions: Annuity Payout per year: $38,500 times the number of millions won Cash value at approximately 50% (PB is usually around 47-48%) Average investment rate of return: 8% Tax rate at 45% (includes 35% of federal, and roughly 10% for state, no deductions assumed as your income would be abo
Apr 7, 2007, 1:14 pm - CountingMan - Jackpot Games Forum

Pick ONE big mistake Lottery Winners do...Reply
What I was trying to convey is that the Lottery Winners forget to pay the taxes on their Winnings, ie, they only pay their State Taxes and forget to pay the Federal Taxes which is big trouble when they get audited at Tax Time for not paying their Federal Taxes. The smart thing would be to ask upfront to take out the State Taxes and the Federal Taxes at the same time.
Jan 20, 2022, 6:09 pm - Karen Nathan - Lottery Discussion Forum

Florida: 1/1 - 1/31/2018Reply
I was working on my taxes........number for taxes 675..............bring it to me.
Jan 23, 2018, 12:48 pm - FLATRANSPLANT - Pick 3 Forum

British Columbia Lottery taking bets on US electionReply
Trump release your taxes or release the letter that states your taxes are in audit!
Dec 7, 2016, 11:00 pm - bigbear29 - Lottery News

British Columbia Lottery taking bets on US electionReply
I pay federal and state taxes, do you pay federal and state taxes???
Oct 2, 2016, 10:07 am - bigbear29 - Lottery News

Someone won Mega Millions jackpot in Pennsylvania last nightReply
No state taxes, but you still have to pay federal taxes.
Jul 22, 2015, 1:19 pm - bigbear29 - Lottery Discussion Forum

California delivery driver claims half of $648 million jackpotReply
The first figure is before taxes, the other after taxes.
Jan 4, 2014, 1:19 am - mrcraft - Lottery News

Jackpot Estimation for Dec. 20th, and 24thReply
B4 taxes-999 mill. After taxes- 1.50
Dec 16, 2013, 8:45 am - RedStang - Lottery Discussion Forum

Florida Powerball winner claims $50 million jackpotReply
I love the idea of tax free lottery winnings. The reason behind my belief is that winner will spend that money in this economy and will end up paying sales taxes, property taxes, excise taxes, capital gains taxes and dividend taxes, interest taxes
Jan 14, 2013, 4:47 pm - maringoman - Lottery News