wait a sec....................... this sounds like a buffet, where skinly people cover for fat people eating so much
so states without A State tax on winnings, cover for the players who are in states where there taxed more. that is STATE TAXES on there prizes,
they say they cover withholding taxes.......... but there diff witholding rates in diff states....................... is my point
now if its only fed rate, its same to everyone paying into prize pool, however they don't say that, they just say withholding part
so if i live/play in in TN,and win, they cover fed 25% rate withholding part
however if i live in State where the State taxes are withhold also
such as Vermont: 6% State Tax that also in hot lotto, hance why am using them
lets say, There 2 winners of a 10 million cash jackpot , 1 in tn, 1 in Vermont
we would both get 5m , however my withholding rate is 25% in tn.
they would withhold 31% in Vermont < and winning jackpot amount is same for them as for me , we each get 5m to our banks wired
the beeps in vermont would be getting 6% more money , then i would via more taxes paid for them
same jackpot, diff amounts rewarded in reality.
winners in other states are getting more money then i would 'via more taxes paid for them'
all players are paying for this, nonething is free, taxes paid SURE comes out prize pool everyone paying for
, jerks are making me pay for there higher tax rates in other states, how the hell is this not a lottery buffet
u know how buffet run right, skinly people cover fat people, its the truth.
i enjoy buffets thro,and pay same price as fat people, this is no diff, i just don't like fact tn players are getting short end of this deal
so i play anyway, thro its a bit stupid if u ask me,
however if you live in a state where they withhold all your states taxes before u claim .as in state takes there "share" up front
congrats, you just made off like a bandit compared to winning same jackpot in tn
this is a change for better thro for TN players
we use to have this great cash 5 game, even i played it when it go above 500k
what it did a lot btw
they killed it"pick5", replaced it with pick 6 game that was WORST then our pick 5
and pick 6"tennessee cash", Grows slower then pick 5
that's right rollovers was much slower then pick 5 did,
with higher odds......................................
ya they screwed TN players over
however the genius idea behind that "great" change should of been fired. and us players should of got a mega sorry,and put pick 5 back to what it was
but no, once tn made a choice, screwed up, they stay with it anyway
even our RNG managed to screw us over with error in code stoping numbers like 1111, etc at lest we got a "sorry" for that epic screw up.
need less to say, this is how i suggest we play my follow tn players
mega millions at same price, starts jackpot at 9m cash. HOWEVER
sense tn pays for first 25% in taxes
we need to do math, and its about $6,750,000 cash, if u just happened to win MM on first draw,and no winners , atfer 25% withholding for the feds here in tn
i play MM/PB ever draw, 1 ticket regardless. so i have no issue playing Hot lotto, i know i will,
so for a buck, i demand at lest 6.7m cash, as that's lowest It starts to match what MM jackpot would
so ya, i play it, but only when it reach's MM cash jackpot