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Proposed Buffett Rule and How It Would Apply to Some Lottery Winners Who InvestReply
How about this. Eliminate Income Tax and the IRS. Eliminate Corporate Gains. Take Welfare prgrams away from the Federal Government, cut 25% of the Defense budget, and 25% of our military's budget, eliminate the wasteful Departments such as Education, Housing and Urban Development, and Interior. Eliminate the earmarking, set our Federal Budget down to 750 billion, almost all on National Security. Have the states raise (however they want) and send the money based on population. And e
Feb 14, 2012, 10:33 am - Boney526 - Lottery Discussion Forum

Cash Vs Annuity PaymentsReply
For me it depends on the amount and the age at which you win. If you are in you late teens or earlier twenties I would suggest taking the annuity. I know how I was at that age and at least if you blow your money those first couple of years at least you have an annuity coming for the next 20 yrs or so. Also I would suggest that you never sell your future payments to those brokerage firms you will end up being broke in no time. If you are 35 or older I would take the cash option and purchase my o
Feb 12, 2012, 3:44 am - s5thomps - Lottery Discussion Forum

NY woman wins $1M a year for lifeReply
Untrue, there are plenty of contests that offer lifetime whatever and they are not infinite. They have a finite number of whatever may it be ding dongs or razor blades and once you use them up it is over. There is a $20 raffle here in my state that had multiple one million dollar prizes and a two million dollar grand prize and they actually postponed the final drawing a month and a half because they did not sell enough tickets, so I am skeptical about whether this is a true lifetime prize becaus
Feb 8, 2012, 7:40 pm - VenomV12 - Lottery News

Lawyer gives up $14 million Iowa lottery ticket claimReply
I keep coming back to Shaw's statement that he was giving up his pursuit of the ticket because he didn't want to argue with the lottery . HE didn't want to argue, HIS pursuit. He didn't say he was giving up the beneficiaries pursuit of the lottery proceeds, or that the beneficiaries had instructed him to withdraw. It just smells to high heaven. And, it immediately becomes suspect, as the 2 most publicized times to claim a lottery prize are right after the drawing and right before the ticket is s
Jan 27, 2012, 4:56 am - Seattlejohn - Lottery News

Can I Write My Lottery Losing Tickets Off If I Have Saved Them During The Year?Reply
LOL...not I am not professional yet. I started playing the lottery on Jan. 2 of this year. Started buying scratch offs after Christmas but stopped when I won $200 on the first day of playing Cash 4. But you make a good point here. When the cashier handed me the $200, I noted that those who win $600 or less do not have to pay taxes on it. But those who win $700 do have to pay taxes. I asked the same questions you did. This is what I came up with: the reason we don't have to pay taxes on the amoun
Jan 26, 2012, 10:36 am - joyceepoo - Lottery Discussion Forum

Iowa Lottery threatens to deny jackpot payout if winner stays anonymousReply
Or a situation like a few years ago where lottery computer techs figured out a way to print duplicate winning tickets that were identical to the originals, bypassing all security. In a situation like this, some person with top level access sees the time limit is about to expire on MILLIONS of dollars, the real winner hasn't shown, so why let all that money go to waste? They put their long-thought out plan into action. They print the ticket, form a trust with a shady out-of-state lawyer and tell
Jan 24, 2012, 5:50 pm - ChazzMatt - Lottery News

Iowa Lottery security chief to grill NY lawyer over Hot Lotto ticketReply
The several days is because confirmation is needed. Verification of what the lawyer says. You going to take a lawyer at his word without proof? And time has proved you wrong. It's already been several days and the lawyer still has not answered the questions. So there. They security chief was right in his prediction this case would at least take several days. Until the lawyer can show the ticket holder got it legitimately (instead of by theft using hacking of the state lottery computer sys
Jan 21, 2012, 9:00 am - ChazzMatt - Lottery News

Iowa Lottery security chief to grill NY lawyer over Hot Lotto ticketReply
The Iowa Lottery's security chief says it will likely take several...days of face-to-face meetings with a New York attorney and others to get all the questions answered about a winning Hot Lotto ticket. It doesn't take several days just to ask if the owner of the trust purchased the ticket, why they waited until the last minute to have the ticket validated, and why was it necessary to use an out of state lawyer to sign for the trust. Logical answers would be the player that purchased the ti
Jan 19, 2012, 11:37 am - Stack47 - Lottery News

Powerball ChangesReply
In other words: There's no limit to how wildly successful your idea can be as long as you're willing to let someone else (us) take credit for it. That's called job security for the boss and his cronies.
Jan 17, 2012, 4:34 pm - rdgrnr - Lottery Discussion Forum

Post your scratch ticket resultsReply
I passed on the roll today and got a bunch of FMC tickets. hit $100 3 times. but was a fool to leave 1 of those winners on the lotto stand while i went back to the machine. when i got back it was gone...... talked to security they said there was nothing they could do. what a bunch of snip . still left up $110 This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.
Jan 16, 2012, 7:19 pm - James1 - Instant ("Scratch-Off") Games Forum