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Giving away PB/MM Tickets

Topic closed. 17 replies. Last post 5 years ago by weshar75.

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Wheeler's avatar - Lottery-023.jpg
Pittsburg, Ks
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Posted: December 24, 2011, 10:53 am - IP Logged

I buy 2 Mega Millions tickets sometimes with the megaplier. I give one of them to friend at work. So far neither of us has won anyrhing. Has anyone given a PB or MM ticket away and they won?

 God Bless America

 

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    HoLeeKau's avatar - YheaShea
    Idaho
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    Posted: December 24, 2011, 11:35 am - IP Logged

    No, I don't give away tickets that could be worth an amount I'd be jealous over.  I only give away scratch tickets that could be worth a maximum of 10 grand. 

    People are funny about money.  Lots of it can change everything about them.  If you give a ticket worth 100 million to your best friend in the world, there's no guarantee he'll share even a hundred thousand with you.  There's a good chance he'd buy you dinner and call it even, then dump you saying how much you changed after he got rich.

      haymaker's avatar - Lottery-012.jpg
      Egg Harbor twp.south Jersey shore
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      Posted: December 24, 2011, 11:41 am - IP Logged

      No, I don't give away tickets that could be worth an amount I'd be jealous over.  I only give away scratch tickets that could be worth a maximum of 10 grand. 

      People are funny about money.  Lots of it can change everything about them.  If you give a ticket worth 100 million to your best friend in the world, there's no guarantee he'll share even a hundred thousand with you.  There's a good chance he'd buy you dinner and call it even, then dump you saying how much you changed after he got rich.

      agree,but i don't even buy scratchoffs as gifts,if i wanted to give someone a pb/mm i would get them a qp,then get another tic. w/ same nos.

      Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

        B$Rizzle's avatar - a4leds
        The Ville, FL
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        Posted: December 24, 2011, 2:01 pm - IP Logged

        OP - if this person is a good enough friend of yours at work, why not just buy tix for yourself and then give them a check if you win?

         

        Buying tix for someone could end badly if they win a huge jackpot.

          rdgrnr's avatar - walt
          Way back up in them dadgum hills, son!
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          Posted: December 24, 2011, 4:48 pm - IP Logged

          I buy 2 Mega Millions tickets sometimes with the megaplier. I give one of them to friend at work. So far neither of us has won anyrhing. Has anyone given a PB or MM ticket away and they won?

          You're a good man, Wheeler.

          May your givin' hand never fail ya.


                                                       
                               
                                                   

           

           

           

           

                                                                                                             

          "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                      --Edmund Burke

           

           

            RJOh's avatar - chipmunk
            mid-Ohio
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            Posted: December 24, 2011, 5:18 pm - IP Logged

            I buy 2 Mega Millions tickets sometimes with the megaplier. I give one of them to friend at work. So far neither of us has won anyrhing. Has anyone given a PB or MM ticket away and they won?

            I don't have a friend with whom I would ever share a lottery jackpot or one that would ever share a lottery jackpot with me so I neither give or accept lottery tickets.  I don't want someone thinking having once bought me a lottery ticket, they now can expect to share any jackpot I might win in the future.

             * you don't need to buy more tickets, just buy a winning ticket * 
               
                         Evil Looking       

              Coin Toss's avatar - shape barbed.jpg
              Zeta Reticuli Star System
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              Posted: December 24, 2011, 5:19 pm - IP Logged

              Wheeler,

              Do you mean a ticket with the same set of numbers?

              If not a JP win could create a sticky wicket, tax wise, no?

              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.

                Wheeler's avatar - Lottery-023.jpg
                Pittsburg, Ks
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                Posted: December 24, 2011, 6:48 pm - IP Logged

                You're a good man, Wheeler.

                May your givin' hand never fail ya.

                Thanks for the kind words rdgrnr and to all the others thanks for your input/advice

                 God Bless America

                 

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                  Wheeler's avatar - Lottery-023.jpg
                  Pittsburg, Ks
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                  Posted: December 24, 2011, 7:23 pm - IP Logged

                  Wheeler,

                  Do you mean a ticket with the same set of numbers?

                  If not a JP win could create a sticky wicket, tax wise, no?

                  Diffenet numbers. Yhey're usually qps. I don't understand how it would be "sticky wicket" tax wise . I am being serious. could you explain it to me please in the mean time I found the tax witholdings for each State on the MM site.

                  Arizona  5% state withholding (Arizona residents), 6% state withholding (non-Arizona residents)
                  Arkansas  7% state withholding
                  California  No state tax on lottery prizes
                  Colorado  4% state withholding
                  Connecticut  6.7% state withholding
                  Delaware  No state tax on lottery prizes
                  Georgia  6% state withholding
                  Idaho  7.8% state withholding
                  Illinois  5% state withholding
                  Indiana  3.4% state withholding
                  Iowa  5% state withholding
                  Kansas  5% state withholding
                  Kentucky  6% state withholding
                  Louisiana  5% state withholding
                  Maine  5% state withholding
                  Maryland  9.25% state withholding (Maryland residents), 7.5% state withholding (non-Maryland residents)
                  Massachusetts  5% state withholding
                  Michigan  4.35% state withholding
                  Minnesota  7.25% state withholding
                  Missouri  4% state withholding
                  Montana  6.9% state withholding
                  Nebraska  5% state withholding
                  New Hampshire  No state tax on lottery prizes
                  New Jersey  10.8% state withholding
                  New Mexico  6% state withholding
                  New York  8.97% state withholding, plus: 3.648% (NYC residents), 0.897% (Yonkers residents)
                  North Carolina  7% state withholding
                  North Dakota  5.54% state withholding
                  Ohio  6% state withholding
                  Oklahoma  4% state withholding
                  Oregon  8% state withholding
                  Pennsylvania  No state tax on lottery prizes
                  Rhode Island  7% state withholding
                  South Carolina  7% state withholding
                  South Dakota  No state tax on lottery prizes
                  Tennessee  No state tax on lottery prizes
                  Texas  No state tax on lottery prizes
                  U.S. Virgin Islands  Unknown State Tax Rate
                  Vermont  6% state withholding
                  Virginia  4% state withholding
                  Washington  No state tax on lottery prizes
                  Washington, D.C.  8.5% state withholding
                  West Virginia  6.5% state withholding
                  Wisconsin  7.75% state withholding

                   God Bless America

                   

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                    Canada
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                    Posted: December 24, 2011, 9:41 pm - IP Logged

                    I don't have a friend with whom I would ever share a lottery jackpot or one that would ever share a lottery jackpot with me so I neither give or accept lottery tickets.  I don't want someone thinking having once bought me a lottery ticket, they now can expect to share any jackpot I might win in the future.

                    Try facebook.

                      Coin Toss's avatar - shape barbed.jpg
                      Zeta Reticuli Star System
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                      Posted: December 25, 2011, 12:35 am - IP Logged

                      Wheeler,

                      Here's what I mean by a sticky wicket tax wise. You play a separate ticket for someone else, different numbers.

                      You hit or they hit. Let's say they hit, let's say $20 million. Regrdless of state tax, Fed. tax would be 30%, right?Or were you somehow going to skip the federal tax?

                      "What happened to ole' Wheeler? Oh he hit a jackpot but now he's doing 5 to 10 for tax evasion."

                      Scared

                      So let's say since you played for them you expected a little something. At this point they just might be thinking, "Oh, I see, I pay the tax and then cut you in", or vice versa if you were the one to hit. I know the tax is taken out before the jp is paid, but it's still coming out of someone's winnings here.

                      I don't know about you but I don't happen to have the $600,000 on me to pay the tax.

                      Yoy might be a lot better off playing the same numbers for them, if you got "hit by lightning" and did win a jp it would save a lot of grief.

                      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.

                        savagegoose's avatar - ProfilePho
                        adelaide sa
                        Australia
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                        Posted: December 25, 2011, 2:08 am - IP Logged

                        oic instead of playing 1 ticket and sharing the cash around and worrying about taxes.

                        buy x tixs with same number and hand 1 to each person you want to  gwet a cut of your numbers.

                         

                        so if it was you mum and dad, and win was $15 mill, ea would get a $5 M prize and deal with their own taxes!

                        sounds too sensible, if it was $3 spent, could as easily be 3 different sets of 6 numbers and  have more chance of winning?

                        food for thought tho

                        2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                        keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

                          Wheeler's avatar - Lottery-023.jpg
                          Pittsburg, Ks
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                          Posted: December 25, 2011, 10:52 am - IP Logged

                          Wheeler,

                          Here's what I mean by a sticky wicket tax wise. You play a separate ticket for someone else, different numbers.

                          You hit or they hit. Let's say they hit, let's say $20 million. Regrdless of state tax, Fed. tax would be 30%, right?Or were you somehow going to skip the federal tax?

                          "What happened to ole' Wheeler? Oh he hit a jackpot but now he's doing 5 to 10 for tax evasion."

                          Scared

                          So let's say since you played for them you expected a little something. At this point they just might be thinking, "Oh, I see, I pay the tax and then cut you in", or vice versa if you were the one to hit. I know the tax is taken out before the jp is paid, but it's still coming out of someone's winnings here.

                          I don't know about you but I don't happen to have the $600,000 on me to pay the tax.

                          Yoy might be a lot better off playing the same numbers for them, if you got "hit by lightning" and did win a jp it would save a lot of grief.

                          How is it tax evasion when the taxes are already taken out?

                           God Bless America

                           

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                            Coin Toss's avatar - shape barbed.jpg
                            Zeta Reticuli Star System
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                            Posted: December 25, 2011, 3:33 pm - IP Logged

                            You made no mention of federal tax. I said I know the taxes are taken out but I was going to an extreme to make a point.

                            You playing for someone else implies at least some kind of partnership or sharing the wealth, however the way you're describing it is one and only one of the partners pays the tax.

                            Read savagegoose's post, you would setiously be better offc playing the same numbers on both 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.

                              savagegoose's avatar - ProfilePho
                              adelaide sa
                              Australia
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                              Posted: December 25, 2011, 4:12 pm - IP Logged

                               i bought some easy picks and gave them away as xmas gifts.  one family member stated, if they win they'll give me %10. i didnt really expect anything back.  but found it hard to say no dont  bother when the time was ripe. actually I dont want anything, but if the jackpot was won i might like a gift then.

                              2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                              keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297