Welcome Guest
Log In | Register )
You last visited January 18, 2017, 4:56 am
All times shown are
Eastern Time (GMT-5:00)

Do Not Play The Lottery.

Topic closed. 33 replies. Last post 2 years ago by Raven62.

Page 1 of 3
36
PrintE-mailLink
THRIFTY's avatar - great seal_obverse.jpg
NEW YORK
United States
Member #90535
April 29, 2010
12094 Posts
Offline
Posted: March 12, 2015, 8:56 pm - IP Logged

THE LOTTERY SHOULD BE TAX FREE.

US Flag

PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

    geerod2001's avatar - DiscoBallGlowing
    canton,georgia
    United States
    Member #67345
    November 23, 2008
    28 Posts
    Offline
    Posted: March 12, 2015, 9:02 pm - IP Logged

    It is tax free if you know what IRS forms to submit to the State Lottery Corporations at the time of your claim.

      Raven62's avatar - binary
      New Jersey
      United States
      Member #17843
      June 28, 2005
      51029 Posts
      Offline
      Posted: March 12, 2015, 9:05 pm - IP Logged

      It is tax free if you know what IRS forms to submit to the State Lottery Corporations at the time of your claim.

      Without Commiting Purgery?

      A mind once stretched by a new idea never returns to its original dimensions!

        noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
        Bay Area - California
        United States
        Member #136477
        December 12, 2012
        4144 Posts
        Offline
        Posted: March 12, 2015, 9:15 pm - IP Logged

        THE LOTTERY SHOULD BE TAX FREE.

        Somewhere that very thought is going into a Sunday Sermon ....

        People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

          Coin Toss's avatar - shape barbed.jpg
          Zeta Reticuli Star System
          United States
          Member #30470
          January 17, 2006
          10390 Posts
          Offline
          Posted: March 12, 2015, 11:07 pm - IP Logged

          It is tax free if you know what IRS forms to submit to the State Lottery Corporations at the time of your claim.

          Sounds like another Irwin Schiff fan.

          Don't worry, you'll like the joint, nowadays they have cable and good gym equipment.

          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.

            bigbuckswede's avatar - Riksbanken 2010000.jpeg

            Sweden
            Member #153629
            March 20, 2014
            138 Posts
            Offline
            Posted: March 13, 2015, 11:03 am - IP Logged

            Move to Sweden!

            Return of Investment, ROI 2014 20% | ROI 2015 20% | ROI 2016 12,6%

              geerod2001's avatar - DiscoBallGlowing
              canton,georgia
              United States
              Member #67345
              November 23, 2008
              28 Posts
              Offline
              Posted: March 13, 2015, 12:07 pm - IP Logged

              For those who want an education concerning taxes being withheld on lottery winnings and/or your wages too,  please read IRS Publication 515,Withholding of tax on Nonresident Aliens and Foreign Entities.

              Scroll down to the section covering Form 1099. There you will see a (TIP box). Read this short paragraph "very carefully" concerning "foreign persons" who provide a Form W-8.

              The information is out there and available for anyone who has the time to do the research.

              Hint; The key is to realise the difference in the meanings between "within the US" and "outside  the US". All the terms you will read in the IRS codes and publications are "legalese" so keep that in mind while doing your reading/research.

              Just maybe you will see through the deception(due to the legalese of their wording)concerning who is really "liable" to pay federal,state,social security and Medicare  taxes.

              For further reading on this subject, and several other topics, you can go to this "free" website posted below.

              famguardian.org

                Avatar
                Sunny California
                United States
                Member #40295
                May 31, 2006
                7713 Posts
                Offline
                Posted: March 13, 2015, 12:21 pm - IP Logged

                Okay...I won't play the lottery. That's why I'm on a lottery forum.

                Do You Want To Win Today?  http://www.lotterypost.com/thread/286011

                  THRIFTY's avatar - great seal_obverse.jpg
                  NEW YORK
                  United States
                  Member #90535
                  April 29, 2010
                  12094 Posts
                  Offline
                  Posted: March 13, 2015, 1:10 pm - IP Logged

                  Okay...I won't play the lottery. That's why I'm on a lottery forum.

                  PLAY THE LOTTERY SOMEDAY- IT IS OKAY TO DREAM! Green laugh

                  US Flag

                  PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                    music*'s avatar - nw bookeep.jpg
                    Happy California
                    United States
                    Member #157856
                    August 2, 2014
                    1549 Posts
                    Offline
                    Posted: March 13, 2015, 1:18 pm - IP Logged

                    Sleepy I am amazed how generous lottery winners are. They pay 40% - 50% in taxes and they still give to charity.

                      THRIFTY's avatar - great seal_obverse.jpg
                      NEW YORK
                      United States
                      Member #90535
                      April 29, 2010
                      12094 Posts
                      Offline
                      Posted: March 13, 2015, 1:26 pm - IP Logged

                      Sleepy I am amazed how generous lottery winners are. They pay 40% - 50% in taxes and they still give to charity.

                      I bought an Starbucks coffee today instead of playing the Mega Millions Lottery game.LOL

                      US Flag

                      PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!


                        United States
                        Member #135920
                        November 30, 2012
                        1262 Posts
                        Offline
                        Posted: March 13, 2015, 1:40 pm - IP Logged

                        I bought an Starbucks coffee today instead of playing the Mega Millions Lottery game.LOL

                        Lol...

                        I made my coffee. ..

                        And played the mega millions. ..


                          United States
                          Member #135920
                          November 30, 2012
                          1262 Posts
                          Offline
                          Posted: March 13, 2015, 1:41 pm - IP Logged

                          Lol...

                          I made my coffee. ..

                          And played the mega millions. ..

                          Actually. ..i dont drink coffee. ..

                          But i did buy a red bull...

                          And played the mega millions. ..

                            THRIFTY's avatar - great seal_obverse.jpg
                            NEW YORK
                            United States
                            Member #90535
                            April 29, 2010
                            12094 Posts
                            Offline
                            Posted: March 13, 2015, 1:59 pm - IP Logged

                            Actually. ..i dont drink coffee. ..

                            But i did buy a red bull...

                            And played the mega millions. ..

                            Are you powering up your imagination with Redbull? Green laugh

                            US Flag

                            PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                              THRIFTY's avatar - great seal_obverse.jpg
                              NEW YORK
                              United States
                              Member #90535
                              April 29, 2010
                              12094 Posts
                              Offline
                              Posted: March 13, 2015, 2:07 pm - IP Logged

                              Move to Sweden!

                              I know. Swiss Girls are Hotter than lottery numbers.LOL

                               

                              US Flag

                              PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!