No textNo textNo text

PB: How many tickets will you be buying?

bellyache's avatar - 64x64a9wg
bellyache

I'll be staying in the 1-5 dollar range as usual. lol.

MADDOG10's avatar - smoke
MADDOG10

I'm taking my abrev wheel  again tonight.      21-30 range

BaristaExpress's avatar - BaristaExpressMX zpsfb0d8b5d.png
BaristaExpress

I already bought 30 dollars worth Thursday! I might buy another 10 dollars worth tomorrow!

bellyache's avatar - 64x64a9wg
bellyache

I would love to buy more, but I have a certain amount that I can spend on tickets and that's it. Gotta stay within my budget.  =)

sirbrad's avatar - Lottery-062.jpg
sirbrad

500 or so.

 

 

 

 

 

JK! Lol. How much do I want to "donate" and never see again? Probably 5-10. I bet those people who spend hundreds on tickets find it difficult to get a good nights sleep after they find out that someone won, and who only spent one dollar. Smile

Avatar
Mag52

In the state of Delaware, the lump cash sum for Powerball is $106 million.  If somebody from Maryland wins it, how much would the state of Maryland pilfer in taxes?  Does anybody know?  For a $300 million dollar jackpot, taking away $244 million dollars is like 3 quarters of the prize.  That's a huge cut.  A $7 milion dollar a year payout for 30 years isn't bad.

BaristaExpress's avatar - BaristaExpressMX zpsfb0d8b5d.png
BaristaExpress

Mag the cash payout for PB in Delaware is as follows 109,500,000 (no state tax). Maryland can't hit it for taxes until you claim it on the state income tax form when ever you have to file in that state.

Rick G's avatar - avatar 1766.jpg
Rick G

None....don't want to spend my money against those odds and don't want to end up like Jack Whittaker.

I'll take a sweet pick 5 win any day.

Avatar
lchoro

The lottery prize would show up on your federal return.  The states compare the federal AGI with the state AGI after they receive the data from the federal government. 

 Anyone ever figure out what the average number of tickets are purchased by each jackpot winner?  They never seem to publish these in the news releases.

Avatar
JAG331

I'll be buying my normal $2 powerplayed ticket, one line.  Plus $3 in Cash 5 for a big $5 bet today.

I can't wait to stand in line at the store today.  Maybe if someone is buying $100 I'll ask if they want to just give me $31 and cut out the middle man, seeing as the winner gets 31% of sales.  LOL 

Avatar
PrisonerSix

In the state of Delaware, the lump cash sum for Powerball is $106 million.  If somebody from Maryland wins it, how much would the state of Maryland pilfer in taxes?  Does anybody know?  For a $300 million dollar jackpot, taking away $244 million dollars is like 3 quarters of the prize.  That's a huge cut.  A $7 milion dollar a year payout for 30 years isn't bad.

In Louisiana, they withhold 5% for state income tax and 25% for federal income tax. The lottery will issue a withholding form(I can't remember what it is called right now, but it's like a W-2). I'm not sure what Louisiana does to those who play from out of state. It might be best to contact the lottery to see if they do witthold for other states.

When you file your state income taxes, you will have to claim it as income no question about it. One thing I don't know is if Delaware has a state income tax. If they do, the lottery will probably witthold Delaware state income tax from it and you'll have to file a non-resident tax return for Delaware as well. If they don't have state income tax, that's one less thing to worry about.

PrisonerSix

Avatar
PrisonerSix

I put 6-10 tickets and here's how it is broken down:

1 ticket for myself
2 for the pool me and 3 other people on my staff have going. We each put up $3 every payday and buy 2 Powerball and 1 Lotto tickets for the next 4 drawings.
5 for the other pool another coworker is running.

Hopefully something will come out of all of this.

PrisonerSix

Avatar
PrisonerSix

I put 6-10 tickets and here's how it is broken down:

1 ticket for myself
2 for the pool me and 3 other people on my staff have going. We each put up $3 every payday and buy 2 Powerball and 1 Lotto tickets for the next 4 drawings.
5 for the other pool another coworker is running.

Hopefully something will come out of all of this.

PrisonerSix

TheGameGrl's avatar - Lottery-012.jpg
TheGameGrl

The group that I donate funds towards usually spends a set amount. 'tween $20 & $30. We did up it five dollars for saturdays drawing.

tntea's avatar - Lottery-059.jpg
tntea

Worked at Lotto Hell last night and will go back in at 4 today. They hired extra help for tonight...

 

I went in at 2pm yesterday and kept a steady line at my register until 9:30...  I got one break at 8:30 to run to restroom..

 

Register amount from 6:30pm  til 10:00pm was over 8 grand for lotto...only

Please... someone hit the dang thing...

 

 

Log In

Log InCancel

Forgot your username?

Forgot your password?