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$1.23 BILLION: Powerball jackpot juggernaut keeps rollingReply
You'll be taxed at the highest rate - 37% So you'll have 630K after taxes. Am right there with you, but I always have the PP on so that's going to be 2M for me and 1,260,000 after paying Uncle Sam.
Apr 5, 2024, 4:08 pm - JustMaybe - Lottery News

The Idiot TaxReply
Ignore the little jack asses that live in your head, they get everything wrong, they say. Doesn't matter where the taxes come from, property, sales, income, lottery, when have you last seen your tax dollars at work? The pot hole is still there, but they added a speed bump. That's about all government is, a bump in the road. BobP Excel at PE if you want to earn a living throwing things.
Apr 2, 2024, 1:23 am - BobP - Lottery Discussion Forum

Maryland: 2/1 - 2/29/2024Reply
The only thing you have to do now is sign a long print out from the terminal, you show your Drivers License and Social and the claim is done on the lottery terminal no more forms to fill out. Of course, then after that the agent pays you. PS back in 2016 they had a 10% added bonus to the prizes...I hit a P4 straight for 5K but it was $5500 with the promo so I had to go lottery headquarters to collect instead of an Agent + guess what my check was for? Thursday, September 8, 2016 067
Feb 13, 2024, 8:21 pm - jarasan - Pick 4 Forum

Florida man arrested after buying $31,000 worth of lottery tickets using company credit cardReply
I doubt they will take him to court for that small amount. They could dock his pay if he still works there or get a lien on his home or future new employer salary perhaps. A lien would need a court order but it would far less visible to the general public. Most companies have theft insurance policies as well. I think he would owe taxes on that money.
Feb 9, 2024, 12:37 pm - Artist77 - Lottery News

Interpretations of Wagers Made And PrizeRatio/ WinningsReply
I guess it depends on what you did with the 4k. If you spent 8k, and the 4k win was subject to taxes, then the profit would be lower than 4k. If the tax was say 1k, then your profit is 3k, and your net loss would be 5k. (8k - net profit of 3k) If you throw the 3k back in and come up dry, then your out of pocket expenses remain -8k, but the total loss is -11k, and only the IRS won the 1 k tax payout.
Feb 2, 2024, 4:30 pm - hypersoniq - Lottery Discussion Forum

Maryland brothers arrested for $3.5 million lottery scam that allegedly involved exploding briefcaseNews Story
Scammers go through greater lengths to deceive victims By Kate Northrop Two Maryland brothers have been indicted after running a three-year scheme that involved false promises of lottery winnings and a supposedly exploding metal briefcase. The United States Department of Justice announced on Wednesday that a federal grand jury charged brothers Dwayne and Wayne Henry, 32 and 34, respectively, for conspiracy to commit wire fraud in connection with a scheme that offers a false promise o
Jan 25, 2024, 5:58 pm - Todd - Lottery News

NY Dream Team 2024Reply
Anything over $600 YOU PAY TAXES RIGHT? CONGRATULATIONS MRSd......On your win!
Jan 23, 2024, 6:21 pm - Andrew1209 - Pick 3 Forum

Spain's El Gordo dishes out €2.6 billion in annual Christmas lotteryNews Story
Winning numbers announced during event that lasted four hours By Kate Northrop Millions of households have been tuning in to watch El Gordo (The Fat One), the world-famous lottery that doles out over two billion in prizes every year. This year, the lottery is distributing a whopping 2.6 billion (US$2.86 billion) in prizes to winners across the country. It's not uncommon to see people rushing out into the street and erupting in celebration as the event progresses, perhaps popping a bo
Dec 22, 2023, 12:20 pm - Todd - Lottery News

Court finds that skill games are legal in PennsylvaniaReply
The last paragraph about SUMS it...more money for the state coffers if that goes through. Not sure if this is the same thing, we had 'grey' slot machines in some small businesses and just recently outlawed for good, however there are still ads for some kind of slot machines in Louisville but very limited hours. The voters got their wish for sports betting here. I'm too dumb to understand it and don't want to bother folks playing on the machines. The state adds 9% for the machines and wh
Dec 8, 2023, 10:51 am - Bleudog101 - Lottery News

$1.3 billion Mega Millions lottery winner's family sues him for not sharing jackpotReply
Its my understanding that this sara person was under the condition to not reveal anything. NDA clause , etc. No where did it say John had to keep his trap shut. Clearly he told his gf and possibly his Dad. Unsure a statement is a contract when speaking with his father. Oral contracts are hard to prove in court. Just even a slight twist of wording in the conversation will or could determine if its a contract or just a joke. I've been known to jokingly say to folks, ohh sure (haha) if I w
May 16, 2024, 1:56 am - TheGameGrl - Lottery News