Massachusetts father and sons accused of defrauding Lottery of $21 million
Statistically improbable number of wins raises red flags
By Kate Northrop
A Massachusetts family is accused of defrauding the Massachusetts Lottery of nearly $21 million in a tax evasion scheme that took place over the past decade.
It wouldn't be farfetched to say that cashing in more than 13,000 winning lottery tickets worth almost $21 million over eight years would be statistically impossible, if not improbable. This many wins could not simply be attributed to sheer luck.
A stati ...
Aug 25, 2021, 11:00 am - Lottery News forum
NEW VIDEO: What happens when you win the lottery?
What would you do if you won?
By Kate Northrop
Every time you buy a lottery ticket, you're likely imagining the blissful what if I win? scenario, but let's say you DO win are you really prepared to claim all that cash?
Lottery Post today announced the relaunch of its official YouTube channel. The very first published video features a topic that's relevant for new and seasoned players alike.
It's easy to imagine how easy life would get if you were to suddenly come across million ...
May 28, 2021, 6:46 pm - Lottery News forum
NJ man admits running illegal "Pick 6" lottery, evades $65,000 in taxes
Illegal gambling business took in $250,000
By Kate Northrop
A man from Ocean County, New Jersey pleaded guilty to operating an illegal lottery on Tuesday after having drawn in $250,000 in cash proceeds from the scheme.
Edward O'Neill, 54, of Beachwood appeared before U.S. District Judge Brian R. Martinotti via videoconference and pleaded guilty to charges against him, including one count of managing an illegal gambling business and one count of subscribing to a false tax return.
Apr 22, 2021, 2:55 pm - Lottery News forum
South Carolina store owner who sold $1.5 billion Mega Millions ticket is arrested
Retailer re-enters the spotlight after skirting thousands in tax evasion
By Kate Northrop
The South Carolina Department of Revenue (SCDOR) announced on Saturday that the store owner who sold the winning ticket for the $1.537 billion Mega Millions jackpot in 2018 has been arrested and charged with five counts of tax evasion.
Chirag Jayanti Patel, 49, was found to have underreported $2.04 million in sales while operating KCP, Inc. under the KC Mart convenience store business in Greenville ...
Mar 15, 2021, 4:11 pm - Lottery News forum
State of Oregon forcing retailers to pay taxes on video lottery machines that are shut down
Hundreds of bars and restaurants already struggling to survive are now facing another financial setback. The Oregon Lottery is collecting taxes on each video lottery machine, even though the machines are shut down.
I was absolutely floored. I could not believe it, said Gloria Huguley, owner of Newport Steak and Seafood.
Huguley said she owes $2,082 in taxes for the six video lottery machines in her restaurant, which remains closed due to stay-at-home restrictions. The family-run restauran ...
Apr 30, 2020, 8:20 am - Lottery News forum
Dad and his daughter got millions from IRS after claiming to win lottery, authorities say
A Florida father and daughter claimed the government owed them $175 million in tax refunds on their lottery winnings. The IRS paid them $3.4 million before the agency realized the pair had never purchased a winning ticket, prosecutors say.
Now, the Broward County pair, who say they're aboriginal indigenous Moorish Americans immune to government authority, are on trial in a Palm Beach federal courtroom accused of tax fraud.
Court documents allege that Danielle Takeila Edmonson, 35, of Boynt ...
Dec 17, 2019, 10:14 am - Lottery News forum
SC residents to start receiving lottery rebate checks, even if they didn't play
South Carolina residents will be receiving rebate checks from the state lottery, even if they have never played a single lottery game before.
The $50 checks are hitting mailboxes in the days to come, and the only qualification is paying South Carolina income taxes of $50 or greater.
So far, 400,000 checks have been disbursed with more than 800,000 more to come by Dec. 2.
What's this about?
Last fall, a Simpsonville convenience store sold the winning ticket for the $1.5 billion Mega M ...
Nov 8, 2019, 2:20 pm - Lottery News forum
81-year-old Mass. man sentenced to prison for part in multimillion-dollar lottery ticket scam
An 81-year-old man from Lynn, Massachusetts, was sentenced Monday to two months in prison for his part in a multimillion-dollar lottery scam, according to federal prosecutors.
Clarance Jones, 81, pleaded guilty in May to conspiring to commit tax fraud and filing false tax returns.
The Massachusetts U.S. Attorney's office said Jones was a part of a ten-percenting scheme in which he bought millions of dollars of winning Massachusetts state lottery tickets at a discount to help winners avoid ...
Sep 25, 2019, 7:53 am - Lottery News forum
Massachusetts man pleads guilty in lottery tax fraud scheme
A Massachusetts man pleaded guilty Tuesday in U.S. District Court in a scheme to buy millions of dollars' worth of winning Massachusetts State Lottery tickets at a discount to help the ticket holders avoid taxes, according to the U.S. attorney's office.
Clarance Jones, 80, of Lynn, Massachusetts, was arrested last fall and charged with tax fraud and filing false tax returns. Law enforcement authorities alleged he used a 10-percenting ploy to become the nation's top lottery winner.
Under th ...
May 22, 2019, 6:25 pm - Lottery News forum
No sales tax on Mississippi lottery tickets, but winnings will still be taxed
The Mississippi Legislature is expected to pass a measure clarifying that tickets for state's soon to be rolling lottery are exempt from sales taxes.
But the state tax man will still get his cut on lottery winnings in Mississippi: They will be taxed as income, at the same scaled rate of 3 percent to 5 percent as any other income.
This is a blow to Jackson, where Mayor Chokwe Antar Lumumba had been counting on lottery ticket revenue from a 1-cent sales tax in the city tacked on to the 7-cen ...
Feb 28, 2019, 11:34 am - Lottery News forum