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one or five tickets

Topic closed. 1 reply. Last post 3 years ago by p4wanbi.

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United States
Member #84409
December 28, 2009
105 Posts
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Posted: April 19, 2014, 12:14 pm - IP Logged

what is different between 1 tickets $5 and 5 tickets $1/each on pick 4 game

we have to pay tax more on ticket $5.is that right

    p4wanbi's avatar - Lottery-062.jpg
    WA
    United States
    Member #122238
    January 27, 2012
    179 Posts
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    Posted: April 19, 2014, 10:30 pm - IP Logged

    taxes are calculated base on the total winnings; whete 1 ticket of $5 or 5 tickets $1/each. Usually federal 25% x State 4% (different state has different bracket). To sum it up, there is no more or less of taxes, they will get certain % of the total wins.

    playing what can be afforded...spend half of what was reclaimed.