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Thread started 01/08/16 8:03am

Graycap23

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The Lottery: Fixed?

Someone please explain how this is possible?

[Edited 1/8/16 8:04am]

FOOLS multiply when WISE Men & Women are silent.
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Reply #1 posted 01/08/16 9:43am

Empress

Fixed or not, I personally know 3 people that have won a signifcant amount in the lottery.

$800k

$1.2 Million

$4.4 Million

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Reply #2 posted 01/08/16 10:17am

KingBAD

Empress said:

Fixed or not, I personally know 3 people that have won a signifcant amount in the lottery.

$800k

$1.2 Million

$4.4 Million

batting eyes batting eyes batting eyes batting eyes batting eyes

you wanna hang out... you kinda cute...

i have always thought of you as someone close...

if i give you my number, would that cover knowin me "personally"?

do you think you hit yo max already, or can you see me hittin THE BIG ONE???

lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol

i am KING BAD!!!
you are NOT...
evilking
"KingBAD, well you are just a troll" (an emotional fan)
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Reply #3 posted 01/08/16 11:08am

2freaky4church
1

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Graycap needs to be fixed.

"My motherfucker's so cool sheep count him."
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Reply #4 posted 01/08/16 11:27am

RodeoSchro

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Empress said:

Fixed or not, I personally know 3 people that have won a signifcant amount in the lottery.

$800k

$1.2 Million

$4.4 Million



Agreed. I have a friend that won $126 million (about $36 million cash value). I am absolutely positive his winning wasn't fixed.

However, the second video DOES show fixing of some drawings. Google Eddie Tipton and read up on him. He was no doubt fixing drawings and using his brother and his friend as beards.

Remember the winner from New York a few years ago, where a lawyer said he was representing a trust that wanted complete anonymity? That was him. He never claimed that prize ($16 million, IIRC) because there was no way to keep from disclosing that it was his brother that "won" the prize.

So to the general question posed, which seems to be asking if all lotteries are fixed, the answer is clearly "No". But there has definitely been some that were fixed.

Second Funkiest White Man in America

P&R's paladin
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Reply #5 posted 01/08/16 11:34am

PurpleJedi

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Many many years ago they "fixed" the lottery in Honduras.

They weighed-down some of those little plastic balls so that only the numbers that they wanted to would rise up out of the barrel.



By St. Boogar and all the saints at the backside door of Purgatory!
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Reply #6 posted 01/08/16 11:38am

2freaky4church
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It is a great way to bilk poor people. Also because they are too chicken to pay for schools with taxes.

"My motherfucker's so cool sheep count him."
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Reply #7 posted 01/08/16 12:23pm

Empress

KingBAD said:

Empress said:

Fixed or not, I personally know 3 people that have won a signifcant amount in the lottery.

$800k

$1.2 Million

$4.4 Million

batting eyes batting eyes batting eyes batting eyes batting eyes

you wanna hang out... you kinda cute...

i have always thought of you as someone close...

if i give you my number, would that cover knowin me "personally"?

do you think you hit yo max already, or can you see me hittin THE BIG ONE???

lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol

Unfortunately, I didn't benefit much. People I know won, but not me personally. I was taken out for a lovely dinner at an upscale Toronto restaurant, but that was it.

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Reply #8 posted 01/08/16 12:35pm

KingBAD

Empress said:

KingBAD said:

batting eyes batting eyes batting eyes batting eyes batting eyes

you wanna hang out... you kinda cute...

i have always thought of you as someone close...

if i give you my number, would that cover knowin me "personally"?

do you think you hit yo max already, or can you see me hittin THE BIG ONE???

lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol

Unfortunately, I didn't benefit much. People I know won, but not me personally. I was taken out for a lovely dinner at an upscale Toronto restaurant, but that was it.

no no no...

we talkin about me hittin it because of you....

i may give you 'on call' trips for dinner out...

i might even open a biz for ya....

lol lol lol lol lol lol lol lol lol lol

i am KING BAD!!!
you are NOT...
evilking
"KingBAD, well you are just a troll" (an emotional fan)
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Reply #9 posted 01/08/16 1:06pm

214

KingBAD said:

Empress said:

Fixed or not, I personally know 3 people that have won a signifcant amount in the lottery.

$800k

$1.2 Million

$4.4 Million

batting eyes batting eyes batting eyes batting eyes batting eyes

you wanna hang out... you kinda cute...

i have always thought of you as someone close...

if i give you my number, would that cover knowin me "personally"?

do you think you hit yo max already, or can you see me hittin THE BIG ONE???

lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol lol

biggrin biggrin

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Reply #10 posted 01/08/16 1:09pm

214

RodeoSchro said:

Empress said:

Fixed or not, I personally know 3 people that have won a signifcant amount in the lottery.

$800k

$1.2 Million

$4.4 Million



Agreed. I have a friend that won $126 million (about $36 million cash value). I am absolutely positive his winning wasn't fixed.

However, the second video DOES show fixing of some drawings. Google Eddie Tipton and read up on him. He was no doubt fixing drawings and using his brother and his friend as beards.

Remember the winner from New York a few years ago, where a lawyer said he was representing a trust that wanted complete anonymity? That was him. He never claimed that prize ($16 million, IIRC) because there was no way to keep from disclosing that it was his brother that "won" the prize.

So to the general question posed, which seems to be asking if all lotteries are fixed, the answer is clearly "No". But there has definitely been some that were fixed.

126 million= really? eek eek eek eek

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Reply #11 posted 01/08/16 1:13pm

Graycap23

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It's called taking money off the top............or making sure that certain pots get split.

They can't control the out completely.

FOOLS multiply when WISE Men & Women are silent.
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Reply #12 posted 01/08/16 1:20pm

214

What do you meanby cash value?

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Reply #13 posted 01/08/16 3:53pm

RodeoSchro

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214 said:

What do you meanby cash value?



That was the lump sum he took, after taxes. It used to be that you could either take the $126 million over 20 - 25 years, or you could choose to take a lump sum up front (which was much less than $126 million).



Second Funkiest White Man in America

P&R's paladin
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Reply #14 posted 01/08/16 3:55pm

214

RodeoSchro said:

214 said:

What do you meanby cash value?



That was the lump sum he took, after taxes. It used to be that you could either take the $126 million over 20 - 25 years, or you could choose to take a lump sum up front (which was much less than $126 million).



After payin taxes you only take away 36? the government take too much from you.

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Reply #15 posted 01/09/16 11:50pm

luv4u

Moderator

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moderator

Where I live lottery winnings are tax free cool

Edmonton, AB - canada

Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #16 posted 01/10/16 4:00am

bluegangsta

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luv4u said:

Where I live lottery winnings are tax free cool

Is that really a good thing?

Always cry 4 love, never cry 4 pain.
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Reply #17 posted 01/10/16 7:04am

OnlyNDaUsa

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the lottery is a stupid tax but at 1.something Billion... i may get a little stupid..



lets see if i skip the mortgage and use the finical aid and my savings and then use my credit card for day to day expenses.... and tickets are $2.... i can buy.... carry the 2.... hummm 5 tickets....


and if i do win i wil not forget my orgers... i will be on here much much more...

Anyone for banning the AR15 must be on the side of the criminal as once banned only criminals will have them.
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Reply #18 posted 01/10/16 10:10am

RodeoSchro

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214 said:

RodeoSchro said:



That was the lump sum he took, after taxes. It used to be that you could either take the $126 million over 20 - 25 years, or you could choose to take a lump sum up front (which was much less than $126 million).



After payin taxes you only take away 36? the government take too much from you.



No, the government only taxes the present value of the cash flow. If you don't know what that means, let me know.

I think the tax rate was 35% or something like that, same as the highest bracket for personal income.

Second Funkiest White Man in America

P&R's paladin
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Reply #19 posted 01/10/16 10:37am

ufoclub

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Knowing Prince.org members increases chances of being a winner? How do two people know winners? The odds!

I should have come to a meetup back in the heyday.
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Reply #20 posted 01/10/16 11:06am

morningsong

RodeoSchro said:



214 said:




RodeoSchro said:





That was the lump sum he took, after taxes. It used to be that you could either take the $126 million over 20 - 25 years, or you could choose to take a lump sum up front (which was much less than $126 million).





After payin taxes you only take away 36? the government take too much from you.





No, the government only taxes the present value of the cash flow. If you don't know what that means, let me know.

I think the tax rate was 35% or something like that, same as the highest bracket for personal income.




Now Rodeo you know 36million out of 126 million ain't no 65% the winner is receiving. Whole lotta other things going on. Break it down.
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Reply #21 posted 01/10/16 11:14am

OnlyNDaUsa

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you end up with 30 to 40% (if you take a lump sum) of whatever the actul prize is. Some of that depends on state and local tax law.

Anyone for banning the AR15 must be on the side of the criminal as once banned only criminals will have them.
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Reply #22 posted 01/10/16 12:24pm

morningsong

OnlyNDaUsa said:

you end up with 30 to 40% (if you take a lump sum) of whatever the actul prize is. Some of that depends on state and local tax law.


Here technically the state does not take tax on winnings yet if one takes the lump sum the cash value is usually less than half.
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Reply #23 posted 01/10/16 12:38pm

OnlyNDaUsa

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morningsong said:

OnlyNDaUsa said:

you end up with 30 to 40% (if you take a lump sum) of whatever the actul prize is. Some of that depends on state and local tax law.

Here technically the state does not take tax on winnings yet if one takes the lump sum the cash value is usually less than half.

but I am sure (well i assume) most states with a state income tax do take their cut. It might matter if the given lottery was offered in that state or if you were from another state. (that is some states may not tax the winnings as they benefit from the original ticket sales)

And it could be like how NFL players are taxed. Some of them have to pay state income tax for states the play in...as well as the state they live in bases on where they were when the money was earned.


Anyone for banning the AR15 must be on the side of the criminal as once banned only criminals will have them.
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Reply #24 posted 01/10/16 12:52pm

morningsong

OnlyNDaUsa said:



morningsong said:


OnlyNDaUsa said:

you end up with 30 to 40% (if you take a lump sum) of whatever the actul prize is. Some of that depends on state and local tax law.



Here technically the state does not take tax on winnings yet if one takes the lump sum the cash value is usually less than half.


but I am sure (well i assume) most states with a state income tax do take their cut. It might matter if the given lottery was offered in that state or if you were from another state. (that is some states may not tax the winnings as they benefit from the original ticket sales)

And it could be like how NFL players are taxed. Some of them have to pay state income tax for states the play in...as well as the state they live in bases on where they were when the money was earned.





Per the calottery handbook

'Your first annuity payment or the
single cash option payment will arrive
within 6–8 weeks. There are no State
taxes for Lottery prizes but the pay-
ment will be less federal tax. "

So no there's no state income tax here on winnings, yet when a cash value is opted for the winner still gets less than half so it ain't only the taxes one is paying for.
[Edited 1/10/16 12:53pm]
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Reply #25 posted 01/10/16 1:07pm

KingBAD

RodeoSchro said:

214 said:

After payin taxes you only take away 36? the government take too much from you.



No, the government only taxes the present value of the cash flow. If you don't know what that means, let me know.

I think the tax rate was 35% or something like that, same as the highest bracket for personal income.

on top of the state you have the city, county, fed,

and any other 'local' taxes they can hit you with...

always comin after the rich...

i am KING BAD!!!
you are NOT...
evilking
"KingBAD, well you are just a troll" (an emotional fan)
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Reply #26 posted 01/10/16 1:11pm

KoolEaze

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Empress said:

Fixed or not, I personally know 3 people that have won a signifcant amount in the lottery.

$800k

$1.2 Million

$4.4 Million

1. How did they mentally cope with their win? Did it affect their personality? If so, how? For the better, or worse?

2. Did they manage to keep their money or did they blow it on useless stuff? Are they still rich?

3. Did they invest it smartly? Buy real estate, land , apartments etc?

4. Did they lose friends?

5. Did they win new friends? lol

6. What would YOU do if you won the lottery?

7. If you won the lottery, would you keep your current job ? ( Because I think I would...I´d probably reduce my hours though and only work part-time).

" I´d rather be a stank ass hoe because I´m not stupid. Oh my goodness! I got more drugs! I´m always funny dude...I´m hilarious! Are we gonna smoke?"




http://kooleasehvac.com/
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Reply #27 posted 01/10/16 1:13pm

OnlyNDaUsa

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morningsong said:

OnlyNDaUsa said:

but I am sure (well i assume) most states with a state income tax do take their cut. It might matter if the given lottery was offered in that state or if you were from another state. (that is some states may not tax the winnings as they benefit from the original ticket sales)

And it could be like how NFL players are taxed. Some of them have to pay state income tax for states the play in...as well as the state they live in bases on where they were when the money was earned.


Per the calottery handbook 'Your first annuity payment or the single cash option payment will arrive within 6–8 weeks. There are no State taxes for Lottery prizes but the pay- ment will be less federal tax. " So no there's no state income tax here on winnings, yet when a cash value is opted for the winner still gets less than half so it ain't only the taxes one is paying for. [Edited 1/10/16 12:53pm]

but what a California resident wins a lottery from another state? Like if you go to Texas and buy a ticket and win wouldn't you be legally required to pay CA income tax on that?

Anyone for banning the AR15 must be on the side of the criminal as once banned only criminals will have them.
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Reply #28 posted 01/10/16 1:14pm

morningsong

KingBAD said:



RodeoSchro said:




214 said:



After payin taxes you only take away 36? the government take too much from you.





No, the government only taxes the present value of the cash flow. If you don't know what that means, let me know.

I think the tax rate was 35% or something like that, same as the highest bracket for personal income.



on top of the state you have the city, county, fed,


and any other 'local' taxes they can hit you with...


always comin after the rich...


Here there are no local taxes only federal taxes on winnings, the monies deductated are not only taxes but fees incurred by the lottery itself what those fees are is anybody's guess is all I'm saying.
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Reply #29 posted 01/10/16 4:45pm

KingBAD

i am KING BAD!!!
you are NOT...
evilking
"KingBAD, well you are just a troll" (an emotional fan)
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