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Understanding Euromillions taxes for U.S.Reply
Indeed, yes, the IRS is going to say to give them the money. I was just curious to see if anyone else had given serious research into this hypothetical situation. As for the 25% tax rate on foreign income, foreign income is taxed at whatever tax bracket you are at, in the case of a massive JP like this, it would be the top bracket (currently 35%).And, yes, I would hire the best tax attorneys and financial advisors I could get before claiming the JP, but even some of the best attorneys may not b
Jan 24, 2006, 7:05 pm - danisiri - Lottery Discussion Forum

Survey: 20% say lottery is most practical path to wealthReply
I'm a big fan of cynicism, but do you have any idea how many people have cleared $200,000 from lotteries and how many people have saved that much without winning it in the lottery?The scary thing about the article is that it isn't even about getting rich. It's about accumulating $200,000. Less than the value of an average home in many parts of the country, or enough to earn a less-than-comfortable 8 or 10 thousand bucks a year in your retirement if it's invested.There are some people who are def
Jan 15, 2006, 7:15 pm - KY Floyd - Lottery News

Largest Lotto South winner ignored wife to play lotteryReply
I decided not to mention I play the lottery any more. I get very strange looks and people often tell me it's a fool's game. So I'll wait until I win and then this fool will be the one laughing. It's nice to read a story where the winners say they plan to retire right away. So many people say they'll continue to show up for work which doesn't sound believable. This man has worked 32 years at a mill and he's 49 which means he's been there since age 17. I think he deserves a vacation! Good for the
Jan 14, 2006, 1:09 am - justxploring - Lottery News

A new potential Hoosier Lottery Scandal
Man I'm getting of writing about the Hoosier Lottery! And I had to really search for this one:OK...the Hoosier (Indiana) Lottery has recently (and again without fanfare or public announcement that I could find) just awarded their advertising contract to the firm of Brandy, Carrol, Hellige of Lousiville Kentucky. The only blurb I could find on this came from the firm's news release page:http://www.bch.com/news_room_hl.phpWhy is this important? Well, Govenor Daniels made a big deal of his oppon
Jan 4, 2006, 10:42 pm - Uncle Jim - Lottery Discussion Forum

Having a lottery machine: Now that's the ticketReply
I have worked selling scratch-offs in TN since day one...The back of the ticket is scanned to read the roll from which the ticket came..the validation code has to be scratched from the front to punch in after the back is scanned for the computer to tell if it is a winner.. **************************If you visit our store and find tickets laying on counter, it is because someone refused the ticket after asking for it.. (Scratch -offs and Online GAmes)We can cancel pick 3 and pick 4 games within 1
Dec 30, 2005, 11:57 am - tntea - Lottery News

Breakfast buddies file suit over lottery ticketReply
TheGameGrl wrote:<< I beg to differ against the folks who presume the ticket WASNT purchase by the wife. She could just have easily bought a series of tickets that day or a few days earlier. >>It's certainly possible that the ticket was bought separately from the pool, whether by the wife or no. Based on what's in the article there are a lot of claims by the people suing, but not a lot of facts. One of the claims doesn't ring true, though. Why would it take a month for the store to
Dec 29, 2005, 7:01 pm - KY Floyd - Lottery News

Computerized lottery drawing glitch picks same numbers for 3 daysReply
<< In addition, players who have nonwinning Pick 3 tickets from Dec. 17 or 18 and want to return them for a refund may mail or bring the tickets, along with their return address, to: Pick 3 Refund, Kansas Lottery, 128 N. Kansas Ave., Topeka 66603.The lottery will issue coupons to players for the purchase price of their nonwinning Pick 3 tickets from the Dec. 17 and 18 drawings. The coupons may be used for Quick Pick tickets in future Pick 3 drawings. >> Clearly evolution hasn't produ
Dec 23, 2005, 12:02 pm - KY Floyd - Lottery News

SoCal man sues to get share of $315 million lottery jackpotReply
I don't agree. I've never been one to argue over money. But you know what? I've been stupid! To make my life easier I often gave in, but as long as people are honest and know a decision is fair and just, they should always defend their position. This is a matter of principle. If he was not an active member in the pool, then he doesn't deserve to get a share. What's to prevent others from following his actions? We really don't know the entire story, but if the article which states he hadn't pla
Dec 21, 2005, 1:46 am - justxploring - Lottery News

Jack Whitaker, worse than you thought.Reply
I agree it's sad when when anyone suffers with pain and depression. But NOTHING I read about another lottery winner would make me think twice about winning a big jackpot. I'm not a greedy person, but money would solve a lot of my problems right now. I never will understand how having money can be a burden. To me a financial burden is when you're in pain and can't afford a doctor or have to go to work with a backache or puking from the flu because your kids need to eat. Having money isn't the
Dec 18, 2005, 3:33 am - justxploring - Jackpot Games Forum

Schoolchildren's 'Lotto Tree' Removed From Oklahoma CapitolReply
From the article:What causes Terrill concern is the message that a Christmas tree decorated with lottery tickets gives kids. He shared his concerns with Westwood's principal, who then asked the governor to take down the tree.Terrill doesn't say what that message is, but is it any more sinister than the message sent by funding the children's education with the same dollars that paid for those losing (oops - I mean used ) tickets?Maybe I don't read as well as the rest of you, but it seems to me t
Dec 8, 2005, 7:17 am - jim695 - Lottery News