ga cash 4 players-a questionPrev TopicNext Topic

• B-U-G

  

  United States
  Member #411
  June 21, 2002
  113 Posts
  Offline
  Aug 19, 2002, 5:39 pm

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  no i haven't won a cash 4 straight but just in case i do-say for 50 cents straight--when you go to collect how much of the $2,500 is going to go home with me after the irs takes their share--anyone been there /done that
• JAP69

  

  South Carolina
  United States
  Member #6
  November 4, 2001
  9,034 Posts
  Offline
  Aug 19, 2002, 8:28 pm

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  BUG,
  I have cashed in a Ga four digit for 2900 dollars.They did not take out taxes on it. They do report it to the IRS I believe. They take out taxes when you hit the 5000 dollar bracket. Check with your tax preparer about deductible losses from the winnings.
  John
  

  Numbers are where you find them.
  

  Str8 hunter.
• B-U-G

  

  United States
  Member #411
  June 21, 2002
  113 Posts
  Offline
  Aug 20, 2002, 5:48 am

  ▲▼

  wishful thinking on my part--could happen tho-congrats on your win