ST Alpha - "We sould think thru our lottery buying. some states like california add a tax to the winnings, and we get less overall. If Nv. sold tix, we do not " (Reading a Post)

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We sould think thru our lottery buying. some states like california add a tax to the winnings, and we get less overall. If Nv. sold tix, we do not

Posted by peglegpete (aka peglegpete) Dec 10 '13, 21:58

have that tax and our overall winnings could be more since several other states like Florida have the same tax situation as Nevada.

We should have whoever buys the tickets from now on be in one of the states that is to our advantage without the extra state tax added in.

Responses:

Eh. If someone else is nice enough to organize the purchase, collect the money, buy all the tix, etc. I'm not going to squabble over the amount of - kelly Dec 10, 22:09 4
- I agree with you totally about everyone being nice and buying tix, but it is 30-50% more for each us, which is still in the millions -- nm - peglegpete Dec 10, 22:18 3
  - are you volunteering? -- nm - Andie Dec 11, 05:50
  - I trust the accountant more than I trust you on this. no offense, man. -- nm - peggy ann mcamanda Dec 11, 04:55
  - You said sales tax and I think you confused it with income tax. As spamlet said, you're are taxed by the state you live in, plus federal income taxes -- nm - Trish, (-1 F below zero) Dec 11, 02:06
It doesn't matter. The tax is applied to each winner by the state, not by the state of the purchaser. -- nm - spamlet Dec 10, 22:02 4
- this is not true, for New York at least - znufrii Dec 11, 06:19 1
  - It really depends on the state. -- nm - decline Dec 11, 06:26
- If I were to win itwith the tickets I bought in Ca, they would take a hefty tax from me despite my not living and paying taxes there. -- nm - peglegpete Dec 10, 22:44
- That's what I thought. Each of us would claim our share of the winnings and be responsible for our own state taxes. -- nm - Meg Dec 10, 22:40

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We sould think thru our lottery buying. some states like california add a tax to the winnings, and we get less overall. If Nv. sold tix, we do not

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