Keeping losing ticketsPrev TopicNext Topic

• karinda

  

  New Jersey
  United States
  Member #108,440
  March 25, 2011
  2,858 Posts
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  Mar 28, 2013, 1:22 am

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  In response to redhot7

  Quote: Originally posted by redhot7 on Mar 27, 2013

  btw, if your state has replay program for losing scratch-off, you should keep the losing tickets after registering the ticket numbers. While you are not required to keep the tickets, it is better to keep them just in case there is any question about the tickets.

  In NJ the tickets are required to claim your prize in the MillionDollarReplay second chance drawing, at least according to the web-site.

  I won a few gift packs years ago, and they required that I mail them the tickets for those as well.

  Best of Luck!

  K.
• d1nnl2

  

  CHERRY HILL, NJ
  United States
  Member #130,207
  July 9, 2012
  387 Posts
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  Mar 28, 2013, 7:26 am

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  In response to jojosurf

  Quote: Originally posted by jojosurf on Mar 27, 2013

  for tax purpose if I get a big win you  can deduct your lossses up to the winning amount but not over it

  So true. I heard from an IRS guy who with his team, pulled an all-nighter counting losing tickets of a guy who claimed a lot of losses. IMHO, I think they did it for the overtime $$$$. Regardless, keeping them can come in handy, just in case you win the big one and need to claim losses.
• buttercake

  

  United Kingdom
  Member #70,548
  February 5, 2009
  120 Posts
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  Mar 29, 2013, 1:46 pm

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  Yes I keep my tickets, am like the guy who was on Winning the lottery, he had been playing for years and had bags full of lottery tickets.
• maringoman

  

  Massachusetts
  United States
  Member #37,432
  April 14, 2006
  2,747 Posts
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  Mar 29, 2013, 2:52 pm

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  The losing tickets have to be from the same financial year as the tax year to count, right? Anways I never keep them. I hate being reminded of  failures.

  That money's gone fo ever
• grwurston

  

  100

  Same #'s. Different games.

  United States
  Member #90,247
  April 24, 2010
  13,815 Posts
  Online
  Mar 29, 2013, 8:18 pm

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  I saved them for a year two different times. At the end of the year I added them up to see how much I spent. I was

  surprized. It was more than I would have thought. But it was still a winning year both times. I haven't saved them since...

  
• dallascowboyfan

  

  Oklahoma
  United States
  Member #82,389
  November 12, 2009
  6,374 Posts
  Offline
  Mar 30, 2013, 1:12 pm

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  Yes

  I Love Pink & Green 1908
• rdgrnr

  

  100

  The Hall Of The Mountain Kings Tennessee
  United States
  Member #73,902
  April 28, 2009
  15,378 Posts
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  Mar 30, 2013, 11:31 pm

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  Yep, just in case for tax purposes if I win something decent.
• sully16

  

  25

  Ringleader

  Michigan
  United States
  Member #81,738
  October 28, 2009
  128,267 Posts
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  Mar 31, 2013, 3:47 am

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  In response to rdgrnr

  Quote: Originally posted by rdgrnr on Mar 30, 2013

  Yep, just in case for tax purposes if I win something decent.

  would be nice to need them for thsat purpose