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IRS scammed with losing lottery ticketsReply
You totally skip over the liability part and go straight to definitions. And i know why, because you are not familiar with any of those sections. Understandable, since you spout the same non-sense that most do. And your over simplification is NOT in the law. Trust me, if it were that easy, it would have been written that way. The entire Income Tax is a maze of obfuscation, word smithing and the like. And it's done that way on purpose. I can draw no other conclusion based on how it was written.
Apr 8, 2015, 10:40 am - Lottery Playa - Lottery News

N.M. acts to save Lottery scholarship fundNews Story
A lottery-financed college scholarship program is running out of money, and lawmakers are looking for a fix that won't hamper efforts to encourage young New Mexicans to attend universities and colleges in the state. The scholarship fund could be depleted by 2014 if nothing is done in the Legislature this session and tuition rates continue to rise sharply, according to the latest state projections. The Senate Education Committee unanimously endorsed a measure Wednesday that would shore up t
Feb 11, 2011, 9:30 am - Todd - Lottery News

Lottery bill could limit winner's takeNews Story
Michigan welfare recipients couldn't claim major prizes Michigan lawmakers are being asked to prevent any person receiving welfare from winning major Michigan State Lottery prizes, and the idea has area residents and business people at odds. If signed into law, the proposed legislation would prohibit a person getting welfare, food stamps or Medicaid from collecting a lottery prize of more than $600. If the prize were larger, the portion not paid to the winner would go to the state School A
Oct 20, 2010, 8:17 am - Todd - Lottery News

Lottery to the rescue: Will 4-minute Keno fill Washington budget gap?News Story
Washington Gov. Chris Gregoire is seriously considering legislation that would allow four-minute Keno games as a way to help deal with a projected $2.6 billion budget shortfall. The games could bring in an estimated $30 million a year. That's not much money compared with the budget gap, but lawmakers are hunting for any cash they can find. Similar bills have been proposed and have died in the past. Things could be different this time, given the severity of the state's budget crisis, but th
Dec 7, 2009, 7:52 am - Todd - Lottery News

Illinois House approves privatizing state lotteryNews Story
Illinois would raise $10 billion for building roads and schools by privatizing its state-run lottery for half a century under a plan the House approved Wednesday night. After years of resisting, Speaker Michael Madigan and his House Democrats approved turning the lottery over to a private vendor because Gov. Rod Blagojevich and the Legislature have never agreed on another way to pay for a statewide construction program. The House also voted to restore some of the painful budget cuts Gov. R
Sep 12, 2008, 3:15 am - Todd - Lottery News

Georgia legislature wants lottery to crack down on bonusesNews Story
Lawmakers are moving to increase legislative oversight of the Georgia Lottery Corp. because of anger about the $3 million in employee bonuses the organization handed out last year. The House Higher Education Committee on Thursday passed a bill giving legislative leaders the authority to appoint two-thirds of the Lottery Corp. board. Currently, the governor appoints the board, which oversees the corporation and approves its budget. The legislation, which would require the new board to ap
Feb 8, 2008, 8:20 am - Todd - Lottery News

Bill to outsource Indiana Lottery bans keno, video pokerNews Story
Many upset over Governor's plan to 'sell the Lottery' A bill that would allow Gov. Mitch Daniels to outsource the Hoosier Lottery would prohibit a private operator from offering keno, video lottery games, pari-mutuel wagering on horses or dogs and games based on winners of races or other sporting events. Sen. James Merritt, R-Indianapolis, filed the bill Thursday on behalf of the administration but said he was allowed to put his own principles in it and was not in favor of such gambling ex
Jan 19, 2007, 12:00 pm - Todd - Lottery News

Gambling industry adjusting after CEO arrestNews Story
Next week's big online gambling conference in Las Vegas may turn out to be a washout as a number of individuals invited are thinking of cancelling their trip in the wake of the indictments of senior directors at BetonSports. The annual conference, organised by Bodog.com, is a must-go event for industry executives, but the arrest of the BetonSports chief executive David Carruthers on entry to the US has made people think twice about attending. Bodog.com's chief executive, the Canadian maver
Jul 19, 2006, 8:07 am - Todd - Lottery News

Powerball lottery being considered in WyomingNews Story
In the latest push to make Wyoming a Powerball state, an interim legislative committee on Monday authorized legislation allowing Wyoming to join the multi-state lottery. Individual lawmakers have sponsored Powerball bills in past legislative sessions, but this marks the first time a committee will formally introduce a bill of its own. A Casper Star-Tribune poll of voters earlier this year showed that 62 percent support Powerball in Wyoming. The poll margin of error was 4 percent. The w
May 3, 2006, 8:03 am - Todd - Lottery News

Washington state getting ready to impose huge taxes on lottery jackpots
Just a heads-up to Washington state players: You may go from zero taxes on lottery wins to 9.9% state tax on jackpot wins. This is among the largest state taxes in the country. The Washington state senate passed legislation in the past couple of days to create a new state tax on millionaires , which means lottery jackpot winners. The bill now goes to the state House, and then after that to the governor to sign. What a tragedy. If lower income residents of the state think they're safe
Feb 20, 2026, 1:37 pm - Todd - Lottery Discussion Forum