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help please with figuring out
taxes? did i hear taxes?i read the book for texas lotto and i understand that a minor can recieve as well as cash in a ticket. you have to take the kid to the bank first with the social security card and tell the new accounts person that you wish to open an account for a minor and drop $25.00 on the table and then go to the lotto claim center and have the kid tell them that it is a winning ticket and a gift to a minor the kid diddnt buy it, they recieved it thus the process of eliminating
Oct 23, 2004, 4:59 pm - enterceptorr - Mathematics Forum
A discussion of the math, probability and theories of the the Lottery
The average probability is that you lose money. The bank has the advantage. If you win, you pay taxes or not on the payout, depending of where you live. Consider that your money is taxed money and when you play it is taxed again, finally your eventual wins are also taxed. When you buy something with the net wins, the price again contains taxes. Are you a tax accountant?
Apr 20, 2015, 1:48 pm - SergeM - Mathematics Forum
Lotto Winner Promises
Sharing wealth with others is not always a good idea. When Jack Whittaker, the PB winner from W.Va bought a house for his favorite waitress, she complained he didn't include money to pay the higher real estate taxes she didn't have to pay when she lived in a trailer. When Oprah gave all the folks in her audience a new car, some complained they had to go into debt to pay the taxes on them. Sharing wealth with some people just make them poorer which isn't doing them a favor.
Apr 27, 2012, 4:35 pm - RJOh - Mathematics Forum
newbie with a question
hi there i am new ,, my brother won 2500.00 last night on a ohio pick 4 lottery # and we would love to know if any one knows what they will take out for taxes on this amount,, so he can put it away for when he does his state taxes.thanks for all if any helppammy
Sep 16, 2004, 10:21 pm - wannawinnow - Mathematics Forum
Determinism vs Randomness and Chance
RL-RANDOMLOGIC,
(From your more recent posts:)
I use to spend far more but never gained from doing so.
So your system is not scalable. Too bad.
Playing digits works for me and just because you don't have any success using them means nothing.
I play QuickPicks.
--------------------Referring to the quoted post above-------------------
Finally, RL-RANDOMLOGIC has given us some numbers we can work with.
He said, For the record, I win between $500.00 to $1000.00 per yea
Feb 26, 2011, 3:42 am - jimmy4164 - Mathematics Forum
Math Geniuses, Help!! "SLAG" Odd/Even Analysis - Chart I
Nice to see this analysis. Took some time for me to go over each one of them.
MM has beautiful symmetry with no balance off... H/L;E/O;group splits,etc.,
Mega Millions : Main balls : 5/70
consecutive sets analysis:
01-02-03-04-05
02-03-04-05-06
03-04-05-06-07
------
64-65-66-67-68
65-66-67-68-69
66-67-68-69-70
66 combinations removal from 12,607,306 = 0.00052350597% removal.
Last digits appearance count 0-9 digits possible count 0-5: this was grabbed by run
Oct 31, 2021, 6:13 pm - thamizhpayan - Mathematics Forum
help please with figuring out
Quote: Originally posted by wannawinnow on September 16, 2004please tell me if any one can ,, what amount of taxes should i expect to pay out for a winning lottery ticket for a pick 4 and winning amount of 2500.00$It would depend on your tax bracket at the end of the year. In California there is no state tax, but the IRS still wants their money! If you play on-line like it is totally tax free because they do not report any winnings to any government. They are in Costa Rica.
Sep 17, 2004, 12:43 am - CalifDude - Mathematics Forum
help please with figuring out
I dont know about ohio taxes, but I live in TX and i won a 1000.00 before and the tax preparer , told me it was a 150.00 for every thousand that you win.
Sep 16, 2004, 10:52 pm - cv844 - Mathematics Forum
help please with figuring out
please tell me if any one can ,, what amount of taxes should i expect to pay out for a winning lottery ticket for a pick 4 and winning amount of 2500.00$
Sep 16, 2004, 10:10 pm - wannawinnow - Mathematics Forum
When is there a positive expectation for playing Mega Millions?
Most players don't realize the bulk of the expected value is only made up of the jackpot, so when they see a high jackpot or even positive expectation game they get very excited for no logical reason. The variance for the jackpot makes it too difficult to earn that expected value without millions of identical trials.
Anyway, the true breakeven jackpot for pari-mutuel games depends on sales, because you have to adjust the jackpot for more than 1 winner (of course multiple winners does not affe
May 7, 2017, 4:00 pm - LottoMetro - Mathematics Forum