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Group buys every Pick 3 lottery combination and wins
Quote: Originally posted by Todd on August 09, 2004Now, maybe this is all moot. He would have saved himself big-time if he played .50 bets per betslip, whereupon each winning ticket would be $300, and could be redeemed at a lottery retailer. However, the article didn't imply this.It would not matter if enough people knew about it that a news article was written about it. One of the rules of cheating on your taxes is to not talk publicly about it. Same rule applies if you also find a way to m
Aug 9, 2004, 4:10 pm - RJOh - Lottery News

Group buys every Pick 3 lottery combination and wins
Check this out, the guy who thinks he beat the system really lost money!Let's just take one of his $1,000 bets. Keep in mind that he did it 23 times (to reach the $23,000 figure indicated in the article).He bets $1,000 for all 1,000 combinations. Then he wins $600 twice, for a total of $1,200, or $200 profit. Or so he thinks.But because each winning ticket is worth $600, he must redeem them at lottery headquarters, whereupon they will hold back 25% federal tax, plus 4% Missouri state tax. Th
Aug 9, 2004, 3:56 pm - Todd - Lottery News

Good Info.
The article is dated...ALMOST all annuitized jackpots offer a cash option, and the Federal withholding is now 25%.
Jul 14, 2004, 3:30 pm - CASH Only - Lottery Discussion Forum

Anyone Seen this System?
Well, when somebody starts off by lying right at the very beginning, then the whole article is probably a sham.
Jun 30, 2004, 6:48 pm - Zeno - Lottery Systems Forum

Experts advise to take cash option
Quote: Originally posted by CASH Only on May 20, 2004Duh...I smell a setup. CASH Only wrote this article did'nt he?LOL, Chas
May 20, 2004, 11:05 am - keystonechas - Lottery News

UK Lottery Winner Nearly Broke
The article list this guy as a former dustman? In England, thats a garbage collector.Chas
May 14, 2004, 4:58 pm - keystonechas - Lottery News

Man Dies In Crash Weeks After Winning Lottery
I hope he chose CASH!! (article didn't say AFAIK)
Apr 19, 2004, 5:53 pm - CASH Only - Lottery News

Beware of Phony Prize Promotions, Lottery Schemes, and Bogus E-mails
What I think is funny about the above article is that it came from the Missouri Lottery...you would think residents of the Show Me State would know better.
Mar 28, 2004, 5:05 am - vincejr - Lottery News

tax treaties
Hi Uuno,Have a look at this IRS page.......http://www.irs.gov/businesses/small/international/article/0,,id=106252,00.htmlJohnC
Mar 12, 2004, 9:30 am - JohnC - Lottery Discussion Forum

Good Read - Game Theory & Human Behavior
btw,I dont think that long article has anything to do with lottery.Just some complicated theories about economic.
Mar 4, 2004, 8:53 am - goose - Lottery Discussion Forum