How is it you win 86 million and the tax is higher than what you get to keep ,and then they try to justify that by saying every ticket sold is given to worthy causes which is great but they might just as well say your lotto this week is 42.5 million cash instead of 86million when in fact you arent actually getting that amount.
@roxanneworld119 жыл бұрын
kiri ellis kind of a "tax," yes..but really, the state of pennsylvania does not tax winners, as he said. but it's the lottery commission rules: if they took the $86 million divided up over 20 to 30 years [depending on the game and/or the state if it's a 1 state game] then the lottery gives them the advertised jackpot amount [divided into those several years/annual payments], minus federal gov't taxes..but if they want their winnings all at once, then there is what amounts to be a penalty, so they get less monies from the lottery commission..minus whatever the amount, the federal gov't takes [they steal too much of it, imho] in federal taxes. so always federal taxes and state taxes, too - except with states like pennsylvania...and only a handful of other states also do not tax winners but most states do - and it totally sucks eggs.
@elrasa31269 жыл бұрын
kiri ellis for those who dont know but play the lottery.... they SHOULD know that the jackpot prize that is advertised is ANNUITY...... in other words... you will get yearly payments (26 annual pymts for mega millions, 29 for powerball i think)... so over the course of the 26-29 years the lottery will basically pay you, with interest, "X" number of millions a year for the set number of years. the culmination of the payments will come out to be about the 86 million. the cash on hand that they use to pay you is the LUMP SUM CASH AMOUNT...... in this case about 42.5 million.... its the same 42.5 million that the lottery is going to use to pay you over the annuity period. So instead of having the lottery invest it for you... you can opt to take that lump sum your self.... minus taxes of course... they dont pay state tax and federal is roughly around 25%... so take home after taxes is approximately 31.8 million.
@shicruisin70044 жыл бұрын
And they don't get $42m either! That's the amt BEFORE tax! If the tax is around 40%, they took home around $17m only!
@shicruisin70044 жыл бұрын
@@roxanneworld11 He distinctly said that the $42m amount is BEFORE tax though.......
@jcobbs45234 жыл бұрын
@@shicruisin7004 17 is 40% from the 42 not of 42. The difference is 25. You didn't even think that one through 17 double would be 35. If you would've thought that way you could've realized that 17 was well above 40% because it is even above 50% (half).
@Mew369200215 жыл бұрын
Nice to see a winner from PA, there has been a bunch of them in 09.
@rajeshchetty17503 жыл бұрын
Congrats in your winnings
@garystinten93393 жыл бұрын
Congratulations 👏🥳👏👏👏 to the winners. I have won the lottery. I trust the universe to deliver what I have won. I am grateful for and ready to receive my gift of financial abundance.
@shannonhann492 жыл бұрын
I am grateful for every day, I am content whether I abuse or abound!
@garystinten93392 жыл бұрын
@@shannonhann49 sorry to hear abuse Is a way you achieve being grateful.
@fredestinadodejesucristofr35914 жыл бұрын
Congratulations 😇
@iRyanMusic4 жыл бұрын
I love this old ladies humble
@lisathomas16224 жыл бұрын
We all already have a lot of practice being asked for money. Winning will make it easier to set up security don’t ya think?
@alexandra-q7u1m7 ай бұрын
I’d LOVE to see those senior citizen “programs.”
@1000hightower14 жыл бұрын
@ericdscheller how can it be a scam when it is only air puching the balls up in the drawings and you can watch it on TV
@barnett68215 жыл бұрын
lancaster county, shit are they amish??
@evegogola9 жыл бұрын
omg, this guy is just rambling on, lol
@eatingyumyum14 жыл бұрын
@irepbmore in canada when you win the lottery you have to show up for the press no way around it. then the province you are from puts you in the news paper from every city in that province. If I won the lottery it would be hard and would have to get my name changed. we; my husband and I are the only ones in our city with our last names.
@sam-5453 жыл бұрын
YES! YES! SUCCESS!!
@kevinsakwa66659 ай бұрын
Very lucky ladies coming into contact with the divine….hope they enjoy their winnings🤞🤞🤞🤞🤞🤞
@pollyfinds.21658 жыл бұрын
wow
@johnlisarobinson84962 жыл бұрын
My name is John Lisa Robinson from the United States. To know more about the Covid-19 funds donations. You are a lucky one to received
@jenniferludwig24874 жыл бұрын
Disney yes
@thebarefootbecky45152 жыл бұрын
I only found out about it Wednesday evening. WE ALL found out about it Wednesday evening.🙄🤔😆
@MinoritiesRlazy12 жыл бұрын
i would buy a million more lottery tickets
@yolowllandmifamilia23716 жыл бұрын
Ditto
@timothybrown79695 жыл бұрын
MinoritiesRlazy 😂😂😂
@augustorodriguez67085 жыл бұрын
I have seen the girl the older Indian woman on you tube,i have also seen he young lady at cvs. I posted the tickets onFacebook . I justwent back to both storerecently .Again they both denied it . I beard on the news about all the winners. I finaly spokd up.
@tonjagee118 жыл бұрын
Congratulations! no more trailer parks for them...
@pinkgal2067 жыл бұрын
Tonja Gee lol
@alexandra-q7u1m7 ай бұрын
So when you comin’ out da hood?
@Diboy315 күн бұрын
Congratulations👏🏼👏🏼👏🏼🙌🏼🙌🏼🙌🏼🍀🍀🍀Congratulations🍀🍀🍀What a great prize👏🏼👏🏼👏🏼🙌🏼🙌🏼🙌🏼🍀🍀🍀 Enjoy it a lot🍀🍀🍀
@fubu84118 жыл бұрын
I wish there was no tax's what you win you get ohhh nooo we can't huh gee what a good life in the good old USA huh >..>
@gigiduhermoine8906 жыл бұрын
In Canada and the Europe you pay "No" taxes...!
@schnellerfuchs136 жыл бұрын
@@gigiduhermoine890 you pay taxes the following year on the remaining money in Europe. So yes, every income is taxable, but at least you pay taxes only on money that is left after a year.
@XxchampaignxX3 жыл бұрын
UK it’s tax free. Every penny is yours
@Fourtune16 ай бұрын
They ask way too much personal info. No wonder so many scams and stalkers are caused by lottery winners info being out.
@questiony55663 жыл бұрын
I want to become a millionaire
@Antiinjustice20243 жыл бұрын
Play lottery 😆
@lasqtst3284 жыл бұрын
Five and a half minutes of him yapping! These lottery guys and women, really want to be famous. 🤦🏾♀️
12 жыл бұрын
Its a shame that nothing goes to education!
@thankthelord45362 жыл бұрын
53???! More like 73.
@totaltruth2day11 жыл бұрын
It seems older people wins more than the younger ones the same thing in UK there are more older winners than youn bloke I dont want to win
@brandonle649910 жыл бұрын
Older people play more.
@cigarcatfromwayback...lets3809 жыл бұрын
totaltruth2day I know! I was saying that last week when I looked on the Maryland lottery website. It seems like everyone who wins the big jackpots are over 60 years of age ...
@jennykay66779 жыл бұрын
+totaltruth2day the more u play the more u win..elderly people stay home all the time and they have free time to buy it..that's why elderly people have more chance to win than younger ones
@cesarfranco23218 жыл бұрын
WHO DARES César franco 71@yahoo .com
@cesarfranco23218 жыл бұрын
nunca medieron mi. premio en florida
@shicruisin70044 жыл бұрын
I'm sorry, but the 64 year old lady looks younger than the 53 yr old!
@augustorodriguez67085 жыл бұрын
My name is Augusto Cesar Rodriguez. I am 51. I POSTED tbe lottery tickets.
@droppa57kgx245 жыл бұрын
This was so long ago mate give it a rest. You’re lying.
@shicruisin70044 жыл бұрын
So they win $86m.....if they take the cash, they get $42m. What a con! And to add insult to injury, that is BEFORE tax is deducted!! They probably take home about $17m in the end! Won $86m.........actually gets $17...... Where exactly did $69m go....?? America.....
@VashtiPerry4 жыл бұрын
did they have it before? no. so not a con wtf
@ahmaniwesley3316Ай бұрын
They’re still millionaires and grateful. And you would be grateful too if you had one. Stop your whining.
@yolowllandmifamilia23716 жыл бұрын
He's so geeked that the state gets that money; like he won. Come on y'all a few for Ohio boost our casinos. So it shall be.
@shicruisin70044 жыл бұрын
So the 2 husbands had an agreement that they would share if either one of them won? That's why the non-winning woman keeps talking as if SHE won this?
@thankthelord45362 жыл бұрын
Foolish. I would never reveal my husband name and former job.
@user-ic6kv7dj4x2 жыл бұрын
2:30 liar. Switzerland "Lotterie romande" does that as well and since the beginning of time... pathetic
@augustorodriguez67086 жыл бұрын
I am here waiting. But i think you know me. A couple people are not being honest with me. But i know. If some can help me please do.
@jcobbs45235 жыл бұрын
Are you arguing about something that happened 10 years ago? 1) the bearer of the ticket is/are the winner(s). Are you proposing they stole your ticket after you had it and posted a picture online? 2) you are only able to claim for a max of one year.