Welcome Guest
Log In | Register )
You last visited December 10, 2016, 11:28 am
All times shown are
Eastern Time (GMT-5:00)

Will you play lotto with your Tax Rebate check?

Topic closed. 26 replies. Last post 9 years ago by bigato1010.

Page 1 of 2
PrintE-mailLink
Avatar

United States
Member #54390
August 17, 2007
313 Posts
Offline
Posted: January 27, 2008, 9:39 pm - IP Logged

Since the government is giving everyone a Tax Rebate Check, I will be using it wisely.  I will spend the money on everything American.   when I travel,I will use an American airliner, I will play my state's lotto, I will buy American branded gasoline(Marathon in my city).  I will put the money in the bank and let it grow interest.... etc

 

How about you guys?

    lottocalgal's avatar - Lottery-043.jpg
    CA
    United States
    Member #57222
    December 23, 2007
    587 Posts
    Offline
    Posted: January 28, 2008, 11:20 am - IP Logged

    Since the government is giving everyone a Tax Rebate Check, I will be using it wisely.  I will spend the money on everything American.   when I travel,I will use an American airliner, I will play my state's lotto, I will buy American branded gasoline(Marathon in my city).  I will put the money in the bank and let it grow interest.... etc

     

    How about you guys?

    Cool question!  Our president's "proposal" will backfire just as the previous one did. I plan to save the entire check  and I think so will many others who are stuck in our current economy.  I will NOT go and spend it in the mall like they want.  But I still have to play my regular lotto-I really plan/hope to win someday and change my life. I will play the same amount though, I can't afford extra.  I MAY play a $5 scratch-off here and there that I like,  but nothing  crazy.

      tiggs95's avatar - Lottery-036.jpg

      United States
      Member #47420
      November 4, 2006
      3930 Posts
      Offline
      Posted: January 28, 2008, 11:31 am - IP Logged

      You said the goverment is giving everyone a tax rebate..That's not true..Retire's are not getting a tax rebate..You have to at least earned 3000.00 in 2007 in order ro get a rebate ..That's what I read??......

        KyMystikal's avatar - 1457224010054
        Florence, Alabama
        United States
        Member #8658
        November 13, 2004
        1993 Posts
        Offline
        Posted: January 28, 2008, 12:07 pm - IP Logged

        You said the goverment is giving everyone a tax rebate..That's not true..Retire's are not getting a tax rebate..You have to at least earned 3000.00 in 2007 in order ro get a rebate ..That's what I read??......

        I need to read up on this tax rebate. I don't know anything about it and just figured it was for those people who have children abd that it was going to be $300.

        I love doubles and remember, it's just a game!!!!!!

          bashley572's avatar - starwars14
          West Side of Sunny Florida
          United States
          Member #55048
          September 8, 2007
          3371 Posts
          Offline
          Posted: January 28, 2008, 12:10 pm - IP Logged

          I will probably play a little extra on Mega or the NY Lottery unless I have already hit either one for millions!

          Money won is twice as good as money earned!

            KyMystikal's avatar - 1457224010054
            Florence, Alabama
            United States
            Member #8658
            November 13, 2004
            1993 Posts
            Offline
            Posted: January 28, 2008, 12:17 pm - IP Logged

            You said the goverment is giving everyone a tax rebate..That's not true..Retire's are not getting a tax rebate..You have to at least earned 3000.00 in 2007 in order ro get a rebate ..That's what I read??......

            This is what I found so far about it.

            People who do not make enough to pay taxes but had at least $3,000 in earned income would get $300. Those earning less than that would be disqualified, as would the wealthiest. Older people living solely off Social Security checks would not get the rebate.

            Individuals with adjusted gross incomes of more than $75,000 and couples with income exceeding $150,000 would get smaller checks. Contributions to individual retirement accounts, 401(k) retirement accounts and health savings accounts would not count toward the limits.

            About three-quarters of those eligible for the checks are working people. About one-quarter would qualify solely through pension or interest income, such as retirees or people who are unemployed. Eligible people would get at least $300.

            For middle-class people, the rebates are fairly straightforward. Most individuals would get a $600 rebate, couples would get $1,200, and those amounts would rise with the size of their families. High- and low-income people, however, would get only a partial benefit.

            People with income less than $75,000 would get a rebate equal to the taxes they paid in 2007, up to $600. Couples with income less than $150,000 could get up to $1,200. Those who earned more than $3,000 but owed little or no taxes would get a flat $300, or $600 per couple.

            So a low-income family of four — with $35,000 in income and virtually no tax liability — would get $1,200. That includes the flat $600 per couple and $300 for each child.

            A single person earning minimum wage would receive the lower rebate, $300.

            A single parent of two with income of $38,000 and a tax bill of $433 would get $1,033 — a $433 tax rebate plus $300 per child.

            I love doubles and remember, it's just a game!!!!!!

              tiggs95's avatar - Lottery-036.jpg

              United States
              Member #47420
              November 4, 2006
              3930 Posts
              Offline
              Posted: January 28, 2008, 1:18 pm - IP Logged

              You did a good job KyMystikal in your research but I liked it better when the 1st poster said "everyone is going to get a check''..I knew that was to good to be true..Thanks for all info..

                tiggs95's avatar - Lottery-036.jpg

                United States
                Member #47420
                November 4, 2006
                3930 Posts
                Offline
                Posted: January 28, 2008, 1:47 pm - IP Logged

                UPDATE: The senate is trying to add on 150 billion to the rebates that will include senior's who are living on social security..That's what I just read in the US News..

                  bashley572's avatar - starwars14
                  West Side of Sunny Florida
                  United States
                  Member #55048
                  September 8, 2007
                  3371 Posts
                  Offline
                  Posted: January 28, 2008, 2:14 pm - IP Logged

                  UPDATE: The senate is trying to add on 150 billion to the rebates that will include senior's who are living on social security..That's what I just read in the US News..

                  Oh and by the way we are BORROWING the money to give back to ourselves!!!!! Any one else think that is stupid?

                  Money won is twice as good as money earned!

                    tiggs95's avatar - Lottery-036.jpg

                    United States
                    Member #47420
                    November 4, 2006
                    3930 Posts
                    Offline
                    Posted: January 28, 2008, 3:07 pm - IP Logged

                    You take all the fun out of living...

                      Coin Toss's avatar - shape barbed.jpg
                      Zeta Reticuli Star System
                      United States
                      Member #30470
                      January 17, 2006
                      10354 Posts
                      Offline
                      Posted: January 28, 2008, 3:15 pm - IP Logged

                      When ever Uncle "gives" like this, he always takes it back (and usually takes it back and then some) later.

                        tiggs95's avatar - Lottery-036.jpg

                        United States
                        Member #47420
                        November 4, 2006
                        3930 Posts
                        Offline
                        Posted: January 28, 2008, 3:17 pm - IP Logged

                        Take is now as you just might not be here later..

                          Coin Toss's avatar - shape barbed.jpg
                          Zeta Reticuli Star System
                          United States
                          Member #30470
                          January 17, 2006
                          10354 Posts
                          Offline
                          Posted: January 28, 2008, 7:33 pm - IP Logged

                          I'm sure arrangements can be made to have it sent directly to the lottery of your choice and you can skip the formality of playing the tickets.

                          Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

                          Lep

                          There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                            Avatar
                            Coastal Georgia
                            United States
                            Member #2653
                            October 30, 2003
                            1866 Posts
                            Offline
                            Posted: January 28, 2008, 7:35 pm - IP Logged

                            I will head for the nearest casino....

                             

                                                           

                                          

                             

                             

                              ThatScaryChick's avatar - x1MqPuM
                              Idaho
                              United States
                              Member #56506
                              November 21, 2007
                              6537 Posts
                              Offline
                              Posted: January 29, 2008, 12:13 pm - IP Logged

                              I will head for the nearest casino....

                              I wish I could, but I will probably be paying bills. Frown

                              "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."