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Will the Puerto Rico Powerball winner pay Federal tax? Nobody knows
For the first time ever, Puerto Rico has a Powerball winner with a whopping $188 million jackpot. And the island is celebrating.
The winning ticket holder will get one-third of the $564 million jackpot, the third-largest in Powerball history and the fifth-largest U.S. lottery prize.
But one mystery remains will the winner pay federal taxes on the prize, or will he or she be exempt, as has always been the case there? Lottery officials in Puerto Rico said they still have no answer to that qu ...
Feb 13, 2015, 7:31 am - Lottery News forum
Puerto Rico joins Powerball today
By Todd Northrop
Tonight's Powerball drawing is the first in which residents of Puerto Rico can participate and win in one of the world's most popular lottery games.
The Assistant Secretary of the Bureau of Lotteries Puerto Rico, Antonio P rez L pez, reported that ticket sales for Powerball started on the island as of 11:00 am Sunday. All retailers that sell lottery tickets are eligible to sell Powerball plays, with the first participating drawing on Wednesday, October 1.
Tonight's Powe ...
Oct 1, 2014, 11:02 am - Lottery News forum
Puerto Rico turns store receipts into lottery tickets
Don't throw out that lunch receipt: It could be worth $1,000.
That's the idea behind a campaign to force Puerto Rico's many tiny markets, food stalls and other mom-and-pop businesses to collect sales tax.
Puerto Rico's Treasury Department is transforming receipts into lottery tickets, printing contest numbers on each receipt and holding weekly drawings for cash prizes ranging from $100 to $1,000. It also plans to have a monthly drawing for a car.
A pilot program started in December in t ...
Feb 8, 2011, 9:30 am - Lottery News forum
Vacationing man wins $1M scratch-off lottery jackpot
Most folks pick up a T-shirt or a mug commemorating their vacation, but Wilman Bravo of Puerto Rico is bringing home a fat wad of green after winning $1 million on a scratch-off lottery ticket.
Bravo, 66, spent 40-plus years raising his three children and working as a press operator in central Connecticut before retiring to Sabana Hoyos, Puerto Rico, last year. He returned to the Constitution State last week to visit his kids.
On Wednesday, Bravo popped into one of his old favorite pit sto ...
Jul 23, 2010, 8:44 am - Lottery News forum
Scientific Games Wins 7-Year Puerto Rico Lottery Contract
Scientific Games Corporation announced that it has been named the apparent winner of the online lottery contract for Puerto Rico.The contract is estimated to be worth $66.7 million and is for a term of seven years. The contract is subject to the negotiation of final terms and conditions. This is a very important strategic win for us at Scientific Games, said Scientific Games Chairman and CEO Lorne Weil. Over the last few years we have proven that we are the fastest growing participant in the ...
May 13, 2004, 1:15 pm - Lottery News forum
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