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I am getting harassed by family over a $5,000 lottery win. :(Reply
Doesn't the lottery withhold taxes for you?
Jul 9, 2026, 10:40 am - Tucker Black - Lottery Discussion Forum

Powerball is coming to the U.K.Reply
I vote for NO taxes of any kind ever on any lottery winnings.
Jul 7, 2026, 8:00 am - grwurston - Lottery Discussion Forum

All Virginia lottery winners can now remain anonymousReply
Now if they would only eliminate all taxes on lottery winnings every where.
Jul 2, 2026, 7:04 pm - grwurston - Lottery News

I am getting harassed by family over a $5,000 lottery win. :(Reply
It depends on where you win... in PA, they can pay out up to $2,500 (usually by check) at a retailer, you are responsible for the taxes on your own. They only jump in and take taxes on a win over $2,500... and on a big prize they do not take the full amount you will owe... for instance on a PB or MM jackpot, they will withold 24%, you may owe up to 37%. When I go after a prize, I multiply by 0.559 to see how much I would end up with after 37% federal and 3.08% flat state tax.
Jul 9, 2026, 2:34 pm - hypersoniq - Lottery Discussion Forum

how long would you wait to claim a powerball jackpot?Reply
Failing to plan is planning to fail so goes the saying. I have been planning for a jackpot win for the longest time. My plan is all set ready to execute. The key driver for me is Uncle Sam, yes Taxes and a little bit of the jackpot amount. If I win from September going forward and it's a huge amount, I would wait for the following year. You pay taxes on the year when you claim and not when you win. The current MM jackpot has an additional $38M in taxes to pay. That amount inv
Jul 15, 2026, 4:01 pm - JustMaybe - Lottery Discussion Forum

is it luckier to buy tickets on the rich side of town?Reply
That's not correct. The probability of buying a winning scratch off ticket has nothing to do with how many different locations you visit. It is solely how many tickets you buy. For PB, your state taxes will not go down if you buy it in a different state. Your taxes could go up. The only way to reduce your state tax bill is to move, and you have to move before you buy the ticket, not after you buy the ticket and win.
Jul 13, 2026, 8:47 pm - Tucker Black - Lottery Discussion Forum

Powerball lottery tickets go on sale in the UK on July 21Reply
Sounds fair to me .... and no taxes too?
Jul 9, 2026, 9:24 pm - ShagE3 - Lottery News

I am getting harassed by family over a $5,000 lottery win. :(Reply
I agree. Nonsense to see an attorney for a $5k win. And if you are an adult and pay taxes, you do not need an accountant to figure out taxes. 4th grade math. Check the tax brackets. And the economy is not relevant here.
Jul 9, 2026, 9:43 am - Artist77 - Lottery Discussion Forum

Powerball is coming to the U.K.Reply
Wouldn't a UK winner be responsible for US federal taxes isn't there also an export tax on moving large sums out of the US?
Jul 7, 2026, 11:44 pm - Rexer90 - Lottery Discussion Forum

All Virginia lottery winners can now remain anonymousReply
The federal government doesn't benefit from lottery ticket sales. They should collect taxes. My state of Colorado wins money off the lottery and taxes winnings. It's one reason I don't play very much.
Jul 2, 2026, 8:57 pm - Tucker Black - Lottery News