what are the rules governing non us citizens winning the Florida lotteryPrev TopicNext Topic

• slackscrews

  

  nassau
  Bahamas
  Member #8,781
  November 17, 2004
  130 Posts
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  Mar 31, 2008, 10:40 pm

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  just a thought that came to mind , as a non us citizen if i was to say win the Florida lottery with a six million dollar jack pot and i take a cash settlement , after taxes how much will i walk away with

  knowledge speaks , but wisdom listens.

  slackscrews
• s5thomps

  

  Hard Luck, Ak
  United States
  Member #23,471
  October 13, 2005
  422 Posts
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  Mar 31, 2008, 11:03 pm

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  In response to slackscrews

  Quote: Originally posted by slackscrews on Mar 31, 2008

  just a thought that came to mind , as a non us citizen if i was to say win the Florida lottery with a six million dollar jack pot and i take a cash settlement , after taxes how much will i walk away with

  Check the Florida website, There was a guy from the Cayman Islands who won a 6 million dollar jackpot. Normally for non-U.S. citizens it's 30 percent of the jackpot or 1.8 million, if you take the cash option. That leaves you with 4.2 million, than take an additional 25% from that number and you end up with 3.05 million. (3,050,000.00) U.S. Dollars.
• slackscrews

  

  nassau
  Bahamas
  Member #8,781
  November 17, 2004
  130 Posts
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  Mar 31, 2008, 11:28 pm

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  In response to s5thomps

  Quote: Originally posted by s5thomps on Mar 31, 2008

  Check the Florida website, There was a guy from the Cayman Islands who won a 6 million dollar jackpot. Normally for non-U.S. citizens it's 30 percent of the jackpot or 1.8 million, if you take the cash option. That leaves you with 4.2 million, than take an additional 25% from that number and you end up with 3.05 million. (3,050,000.00) U.S. Dollars.

  thanks ,s5thomps that sounds good  and that's sufficient for me

  knowledge speaks , but wisdom listens.

  slackscrews
• BaristaExpress

  

  Magnolia, Delaware
  United States
  Member #18,794
  July 20, 2005
  789 Posts
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  Mar 31, 2008, 11:40 pm

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  The IRS takes 30% from all non US citizens lottery winnings! A US citizen only has 25% taken, but remember the US citizen will have to pay up another 10% at tax time when they file!

  Keep dreaming the impossible dream, it just may come true!
• tiggs95

  

  United States
  Member #47,419
  November 4, 2006
  3,930 Posts
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  Apr 1, 2008, 11:02 am

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  Log on to USA lottery Results and bop on any state and it will show you how much you will get after taxes at the bottom..It shows you how much you will get in payments also..