does anyone pay taxes on internet gambling winnings?
824931
If you earn more than $600 in month, you are obliged to declare them!
344961
It is a scam.\nYou cannot have an international lottery as the gambleing laws differ in every country.\nThe scammers say it is "International" so as to cover every country.\nLotterys work like this:\n1)10,000 people pay 1 dollar/euro/pound/yen....etc\nThe lottery company now has 10,000\n\n2) the lottery company holds a draw and gives out 7,000 in winnings (and keeps the profit 3,000)\n\nScams work like this:\n-1)nobody pays money (there is no money to win)\n\n0)a scammer sends out 10,000 spam emails to tell people they have won a lottery they havn't entered.(they pretend they work for real lottery websites)\n\n2)The Scammer asks for your Personal details (be prepared! your inbox is going to be full of emails asking for you personally...and dont get me started on what they are gonna do with your Bank details!)\n\n3)The scammer tells you that you have to pay fees before you can accept the "winnings" (and NO,you cant pay out of the winnings! they dont exist!....silly maga)\n\n4)The scammer manages to con 3 people out of 1000 and gives all his profits to a charity for orphaned goats (he dosn't really...he keeps it ;) )\n\n5)Your inbox gets more mails than help@microsoft.com\nEverything from "You have won anotther sooperdooperlottry" to "CHAN U B A NEXT OF KIN" to "Please join our company,cash our checks,send us the money until your bank realises you are laundering money for us?)\n\nThe moral of the story is...If it sounds too good to be true... It probably is\nSource(s):\n\nwww.fraudwatchers.org\nI spoke to Bill Gates lastnight and he knows nothing about it...honest...I did!
1074414
My brother-in-law was on Trading Spaces 3 years ago and got a wretched room. The contract was air tight that the show has no liabiity and doesn't pay to "redo" anything. They called it a game show and said "not everyone gets a winning room". The real kicker was that they got a 1099 at the beginning of the year and had to pay taxes on the room they got. So not only did they have to fix the damage out of their own pocket, but they had to pay taxes on the "prize" they won, which the producers said was worth over $1500.
367359
I have "won" over 100 million dollars in different on-line lotteries.  I don't bother to investigate them.  The odds that they aren't scams are so low that I don't waste time on them.
493148
It is a scam.\nYou cannot have an international lottery as the gambleing laws differ in every country.\nThe scammers say it is "International" so as to cover every country.\nLotterys work like this:\n1)10,000 people pay 1 dollar/euro/pound/yen....etc\nThe lottery company now has 10,000\n\n2) the lottery company holds a draw and gives out 7,000 in winnings (and keeps the profit 3,000)\n\nScams work like this:\n-1)nobody pays money (there is no money to win)\n\n0)a scammer sends out 10,000 spam emails to tell people they have won a lottery they havn't entered.(they pretend they work for real lottery websites)\n\n2)The Scammer asks for your Personal details (be prepared! your inbox is going to be full of emails asking for you personally...and dont get me started on what they are gonna do with your Bank details!)\n\n3)The scammer tells you that you have to pay fees before you can accept the "winnings" (and NO,you cant pay out of the winnings! they dont exist!....silly maga)\n\n4)The scammer manages to con 3 people out of 1000 and gives all his profits to a charity for orphaned goats (he dosn't really...he keeps it ;) )\n\n5)Your inbox gets more mails than help@microsoft.com\nEverything from "You have won anotther sooperdooperlottry" to "CHAN U B A NEXT OF KIN" to "Please join our company,cash our checks,send us the money until your bank realises you are laundering money for us?)\n\nThe moral of the story is...If it sounds too good to be true... It probably is\nSource(s):\n\nwww.fraudwatchers.org\nI spoke to Bill Gates lastnight and he knows nothing about it...honest...I did!\n\nEdit   Delete
1047013
First rule of the Internet is sadly don't believe anything somebody sends you. The second rule is always refer back to the first.\n note they will most likely ask you to pay a small fee to get your winnings and there is the rub. Best check Microsoft for more info on this issue . Or even Yahoo has some good info on this
203897
IT'S A SCAM!  They are trying to get you to cash a big check (that is fraudulent) and pay them some bogus amount for Euro Tax so they can then mail you the huge check for the lottery winnings (which never arrives).  Meanwhile, the initial check bounces and the bank comes after you for the money!
297399
No, you don't have to share your winnings with anybody...\n\nIf you want to share it, JUST DO IT...
311381
Is this for betting?  Cuz I think it is illegal.
9069
It's a scam to get you to send a huge amount of money to have the winnings shipped to you and they collect your personal info and use it. My mom had that show up in her e-mail. It's a scam sorry.
520057
NO!! But it is a scam because lottery that advertises on the internet is not legal.
933038
There is a gullible tax if you buy HYIPs.  Typically its 100% of the money you invested and it gets paid directly to the scamming jerk that sold it to you.\n\nDon't buy HYIP's
61029
$7000 in an instant win.  Only collected $5,600 because the IRS took the taxes off the top.  I still got a lot of $1!
300628
Appears not.\n\nhttp://ctx.us/CTCPA/canadianlotteryscam.html\n\nI'm Canadian, and I know that each province controls its own lotteries, so you have the Ontario Lottery and Gaming Corporation, etc. There's no national organization by that name, to the best of my knowledge.
135303
the tax law is that you will recieve a gambeling winnings statement from the location you gambeled and you have to report that in your income. but you can deduct your gambeling losses up to your gambeling winnings. for example you win a $100 but in the process you lose $150 you can deduct up to your 100 winnings but the 50 lose is your lose and therfore not tax deducatble.
810529
if it is a casino one yes now if u r emailinng ur frnds and making bets no
938880
Yes, lotto winnings will affect your income.  I'm assuming you've been filing joint, since that would be the most financially advantageous.  If so, depending on what your other income is, you'll likely owe $1500 to $2500 extra in taxes on the lotto winnings.  That's federal - I don't know if you'd owe anything to Massachusetts - most states don't tax winnings on their lotteries but I don't know about taxachusetts\n\nYou're right that if he hasn't cashed the ticket yet, and just gave the ticket to his aunt to cash, that would put any taxes in her court.  Officially and legally, that's not really allowed - the ticket is his, so he's the one responsible for the taxes - he can give her a gift of the money without further tax consequences.  But would be a little hard for anyone to trace who started with the ticket, until it's cashed.  If he's already cashed it, he could just give her whatever is left over after taxes are paid - but it doesn't really sound from your question like that's what he has in mind.  On an amount won that large, they might withhold taxes, maybe even enough to pay them, so (1) he might not get the whole $10,000, and (2) you might even make out, if the withholding is more than the taxes end up.  You could call the state lottery office and ask them if they withhold anything, and if so, what percent.\n\nFiling separately won't help you a lot, since although you wouldn't have to pay tax on the lotto win, you'd pay a higher rate on your own income, and could lose credits that you might get if you file joint.  If you've been filing separately all along, then the lotto winnings are his tax problem, not yours, and it wouldn't cost you any extra.\n\nYou mention that he has/had a business.  Does he have earnings from that, and just keep them separate from your funds?  Does he file taxes on that, and you file separately?\n\nThis sounds like a real mess in the making.  \n\nGood luck.