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Lottery Changed my LifeReply
I recently read an article explaining how people who win the lottery often end up in financial trouble not long after. Aside from those who immediately blow their money on stupid stuff, I think many people don't understand the tax implications of such a windfall. For instance, many people who win obviously want to help out their family members and close friends. However, they might not realize that there are gift taxes that need to be paid over a certain amount given. (So there are taxes on top
Jun 7, 2012, 10:29 pm - lottogal35 - Lottery Discussion Forum

Judge orders new trial in Arkansas lottery ticket suitReply
Jones did find something valuable doing something the majority of us wouldn't consider doing and hadn't she bragged about it, she could be spending the money as we speak. Except that she didn't brag about it. It seems that she simply claimed the prize. Here's what it says in the original article from January: After the check was issued, the lottery commission began the process of confirming all winning tickets and in the course of the investigation, surveillance footage showed Jones grab
May 28, 2012, 1:31 am - KY Floyd - Lottery News

Judge orders new trial in Arkansas lottery ticket suitReply
I'm pretty sure anyone reading the first article thought about dumpster diving, but I would have to wear a hazmat suit to go into go into the bins I saw. Lots of stores have areas where players scratch tickets and throw the losing tickets into waste baskets, but who knows what else they throw or spit into those baskets. And those waste baskets are still inside the store where the finders keepers rule doesn't apply. Jones did find something valuable doing something the majority of us wouldn't
May 27, 2012, 10:20 am - Stack47 - Lottery News

8 lottery scam suspects arrested in JamaicaReply
This article reads: Police Commissioner Owen Ellington has said that other scam suspects arrested earlier this year have since been released on bail, frustrating investigators. Why aren't they reporting securing assets that amount closer to a few hundred-millions total? I hope they track down the financial accounts (whatever country) that the big monies are being held in and are able to confiscate them [instead of big screen TVs small change stuff] and publicize that they are returning them
May 21, 2012, 5:37 pm - HaveABall - Lottery News

Bell Helicopter employees win $28 million lottery jackpotReply
HEY, LUCKY WANTS HIS PROPS REGARDING THIS ARTICLE. I'VE BEEN TALKIN' ABOUT THE $5 INVESTMENT FOREVER...RIGHT???? So, they had (28) people that went in on $5 each which is $140 when they'd play...and it paid off after all this time. I'm a firm believer in the $5 increments when it comes to playing and, from the looks, so did these people. L.L.
May 16, 2012, 10:47 pm - Lucky Loser - Lottery News

Woman accuses son of taking $51 million lottery ticketReply
Why did she feel she had to go public (Dog and Pony Show)? There's something really bizarre about that part of the story. There's no way the lottery had her doing the publicity thing before the ticket was claimed through the usual process, so why was she meeting lottery officials at the gas station with a ticket that wasn't signed, and therefore must not have been presented to lottery officials yet? I saw another article that makes it sound like she checked the numbers and then went to the
May 6, 2012, 10:45 am - KY Floyd - Lottery News

ohio rolling cash 5Reply
are you boycotting the book or something?? No, I just never felt a need to read it. Back in the 80's, a co-worker gave me his copy of a disk with some Gail Howard software that had been written in GWBasic and saved using the protect feature that didn't allowed it to be listed. BYTE magazine had an article about how to get around that so I listed the program and found it was just a simple written program using the RNG that came with language. After that I figured her software and books couldn'
May 4, 2012, 11:20 pm - RJOh - Pick 5 Forum

48 Philly transit workers win $172M Powerball jackpotReply
Congratulations 48 Pennsylvania winners! This is a good, tidy, Powerball jackpot lump-sum share win of apx. $1.68M each (after initial Fed 25% Income Tax are taken out, and monies received)! Though the article indicated that some of these 48 jackpot sharing winners will retire, I think that would be foolish, so I hope they didn't officially indicate so to their employer. That is, of course, unless those were the people that were already at retirement age and they are already entitled to the
Apr 30, 2012, 9:57 pm - HaveABall - Lottery News

At the La Fleur's Lottery SymposiumReply
That is awesome Todd. I look forward to the upcoming article. Find out all you can.
Apr 24, 2012, 9:09 am - mrsinful - Lottery Discussion Forum

Lottery winner donates apartment complex to help families in crisisReply
You are comparing capital gains (investments held for at least a year) to ordinary income. There are many filthy rich individuals who pay the regular income tax rate and not cap gains. The media wants everyone to think that all millionaires pay a reduced rate which is completely false. On a side note, the article was made to glorify/exaggerate Mr. Smith's overall take home pay. The cash value was 43.5 million and after Fed and WV taxes, he received a little more than 29.7 million and not the
Apr 23, 2012, 4:53 pm - Jill34786 - Lottery News