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How To Claim Winning Lottery Ticket

byPositiveThinker©
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Comments (10)
by Anonymous

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by Anonymous12/30/09

Don't play the lottery!

This was a complete waste of time and mostly bad advice. If you really wanted to help people, the first thing you should have said was, "Don't play the lottery." It's a suckers game that rarely pays off. Instead, invest your money systematically with a long-term perspective.

The lottery is played almost exclusively by those in lower socioeconomic status. Do you really think these people are going to establish a pharmaceutical research company to offset taxes? Preposterous.

Why don't you keep your advice to things you know, like writing crap stories and giving yourself and Scouries glowing feedback.

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by Anonymous12/30/09

excuse please

lowly accountant make comment please
you bought the ticket and won the jackpot before
you incorporated hence it's personal income
incorporate NOW whilst still a pauper

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by Anonymous12/31/09

Well some of the advise was not bad

Financial advisor and CPA yes, but a phoney company as a big loser, there is a difference between tax evasion and tax avoidance and tax evasion can send you to jail.

I am old enough so that I want mine in one lump sum, maybe I'll live another 20 years and maybe not. An attorney told my niece (who is expecting a medical settlement) get a prenup signed before the moeny comes in because there is a high divorce rate for winning families. I would move to another state and possibly change my name. I do not want to be identified to every crook on the Internet and every con man in the state; or for that matter to all of the 4th, 5th and 6th cousins, I have never heard of.
Remember our beloved government thinks anyone with that kind of money has too much and they will try to take all of it they can.

Real world (you generally have a year to claim), lock the ticket away, and go to a financial planner, tax attorney or a good CPA or all three, take their advice and work from there. Remember most of the big lottery winners are broke after just a few short years so plan.

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by Anonymous12/31/09

trust

claim the money in a blind trust.

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by dirtdigger195512/31/09

Good story...

about crap. I saw where you deleted my comment on another story, so I thought I would help out your sales elsewhere, like here. You sure are dumping a lot of stories lately. I guess you are out to win some sort of contest. Hope it pays well, good luck with that. Watchout kissin scouries ass, over in the story feedback portal. He could turn around , real quick like, and you'll be kissin the front of his ass. You know thats called puttin the liplock on the love bone, BABY! Thats where you revealed you were actually bostonfrictionwriter and I deduced also PT/sarahhh/scouries and a host of commenters that respond to these alts stories. What do you get out of all of this? O yeah, the greatast favoritest writer in LIT history? NOT EVEN CLOSE, just in your own mind Cheers

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by Anonymous12/31/09

wow who knew

it makes sense to go a few days or weeks even before making any life altering changes thanks for the info if i win i will send you your 10%

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by Anonymous01/01/10

If I win...I'm giving you 20%

Great read. I did not know that corporations only pay at most 25% in taxes...I have searched the internet and the only reason they have for setting up a trust or llc is to protect yourself from lawsuits...something about only being able to sue a company but not the individual...I was 2 numbers away from winning half of the $162 M...So that means that all the people who claim as individuals are a bunch of fools...Thanks for your help.

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by YoursSINSerely01/01/10

Wow!

PT, this was a good story and written well. I can't believe all of these horrible comments you're getting on this submission. What's wrong with people? Sorry. Newbies shouldn't have to go through this.

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by austin_voy01/10/12

Said before, but ...

Everything you have in here has been said before. Multiple times. But there are still many people who don't know this. One more time isn't a waste of time if one person reads it and does it.

Oh, the only person I know of who has actually made the "invest in lottery tickets" work is "Hollywood" Henderson. Who hit 50+ lotteries twice in about a year. But he bought 10,000 tickets to do it. But $10,000 for a $50M (less taxes & annuity penalty) is a pretty good investment.

For the most part, in Texas you can figure about 1/3 of the prize as your check. The total for a lump sum is about 50% and the top tax rate is 38%.

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by notredame4310/18/17

well done

just idle chat between me and my dad, you covered stuff we missed👍👍👍👏👏

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