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lottery taxes
Turns out the correct answer is how long it takes between the time you claim the ticket and get the actual cash.http://bojack.org/mt-arc/002491.htmlFor Powerball it's 60 days. For MM I don't know. Any drawing within that time can be claimed on next year's taxes.So if a drawing occurs on Dec 1 and it takes 45 days to get the actual cash there would be no way you could get access to that cash if you had gone to the lottery office on Dec 2. There was another case that someone won on dec 1 but didn'
Nov 14, 2005, 1:06 am - dvdiva - Lottery Discussion Forum
MI-OH Game
I believe the states should hook up and get a jackpot game. I recently submitted a game concept to the Michigan Lottery and this is what it was:SUPER Fantasy 5The Michigan Lottery's NEW Jackpot game.With better odds and all cash jackpotsMatch 5 numbers from a pool of 39 and one number from a pool of 25Tickets are only $2.00(Buy 5 get two free)Drawing Nights: Mondays and Thursdays at 7:29pmPayout: 60% of salesPrize payout breakdown** (% of sales):~15% = lower tier prizes, excess goes into reserv
Nov 11, 2005, 11:33 pm - Bradly_60 - Jackpot Games Forum
Probability of a MegaMillions rollover.
Mostly just to keep my mathematical muscles working, I did some more difficult work on exponential curve fitting and, playing around with the model, I came up with a function that matches the behavior of lottery pot growth pretty well, at least in the region in which we now are. The mathematical details of this approach can be found on the internet, http://mathworld.wolfram.com/LeastSquaresFittingExponential.html. As you can see the model is fairly complex computationally, but I had some other
Nov 7, 2005, 12:22 pm - Prob988 - Jackpot Games Forum
Characteristics of most winning numbers ?
For the jackpot-style lottery games that I play I have a little PERL script that spits out each of the last 20+ drawings in order with some stats on the same line to the left of the numbers, then I have an RNG that spits out ten picks and what their statistics would be if they were The One . I do some eyeball comparisons and pick the draws that I think look right. Mostly I compare the balls in a drawing to the balls that came up in drawings before it and count the matches.I should mention that t
Nov 4, 2005, 10:32 pm - jonathan - Lottery Discussion Forum
Winning Powerball lottery ticket sold in Raytown, Mo.
A ticket sold at a grocery store in suburban Kansas City matched all six numbers in a Powerball drawing to win a $36 million jackpot, the Missouri Lottery said.The winning numbers in the multi-state game were 6, 11, 14, 27 and 41, with 38 as the Powerball and 5 as the Power Play multiplier.Susan Goede, a Missouri Lottery spokeswoman in Jefferson City, said the winning ticket was sold at Cosentino's Apple Market in Raytown. She said the ticket-holder has 180 days to claim the prize by bringing it
Nov 3, 2005, 2:00 pm - Todd - Lottery News
Tennessee $1 Million Lottery Winner Will "Stay The Same"
The Tennessee Lottery's latest winner of $1 million was jubilant after winning, but says the big prize won't mean any dramatic changes in her life. Money doesn't mean that much as long as you're happy, said Ann Strong, who took home a cool million on Saturday at the culmination of the Lottery's third and final Millionaire Live! drawing event held in Memphis at WMC-NBC Channel 5 and broadcast throughout the state. We're just going to do the same ole,' same ole,' said Ann, 59, who lives in Ala
Oct 24, 2005, 8:15 am - Todd - Lottery News
Oregon businessman has record Powerball lottery ticket
My, My. A first time player. A funny thing happened to me when I was going to play the Powerball Drawing December 2002. I knew that the winner would be drawn that drawing, but my car broke down and I knew that this drawing would yield a winner(s) but I did not have time to take off from work to drive to Louisiana (the closest Powerball state to Alabama). No need, I did not win. I just hope that the West Family will be wise and not think that the money can buy them happiness. If they have
Oct 21, 2005, 5:33 pm - mylollipop - Lottery News
REQUIRED Reading !!
Hmmm..... Look at this (shortened for simplification)... 871.17. Purchase and prize restrictions. (d) A Lottery retailer authorized to sell lottery tickets for on-line games, or an employee of a retailer may not request, demand or accept gratuities or additional compensation from any person, or agent thereof, in exchange for the purchase of Powerball lottery tickets. A Lottery retailer authorized to sell lottery tickets for on-line games may not enter into any special agreement with a person
Oct 16, 2005, 6:54 pm - NoCompLotto! - Lottery Discussion Forum
Probability of a Rollover in Powerball.
Now I will review the probability of beating Jack's Jackpot. Jack's jackpot was worth $170.5M cash value, and our current cash jackpot is $117.7. The distance we still need to go is $52.8M cash value to match Jack. Graphing the sales figures, I see that the linearity in increases that held for the last 7 drawings has been broken. There is evidence of some lotto fever now.My guess is that this would require $176.8 in sales, three more drawings, and two more rollovers to beat Jack. I will dist
Oct 9, 2005, 11:16 am - Prob988 - Jackpot Games Forum
Powerball lottery jackpot reaches $205 million
Third player in three weeks wins $1 million Power Play prizeThe jackpot in America's Game is breaking into new levels capturing the attention of players around the country.Even though the grand prize was not hit Wednesday evening, 1,021,999 players across the nation won a total of more than $11.2 million in prizes.Because no one correctly matched all six numbers in Wednesday's drawing the jackpot will reach an estimated $205 million.The cash option for the Saturday, October 8th drawing will be
Oct 6, 2005, 1:54 pm - Todd - Lottery News
