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Old 05-04-2008, 01:22 PM
 
2,022 posts, read 2,620,154 times
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Default There's no state lottery but...

I know that Nevada doesn't have a state lottery so I'm wondering how the following hypothetical situation would play out. Say that I was a resident of Nevada and I drove to visit my parents in California. While there, I buy a Mega Millions lottery ticket (only available in about 12 states). The numbers are drawn and I have hit the Jackpot, like the big one. So, how does that payment work? Would I still be able to collect the money even though I'm not a resident of California since I payed for the ticket? Also, say I take the lump sum, does that come out higher because Nevada has no income tax? Or would California still take the taxes out of it, then send me the lump sum the same as I would receive it if I was a resident of California? I realize this is a strange question since I have more chance of being struck by lightning but I'm curious as to how that would work.
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Old 05-04-2008, 01:44 PM
 
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You can certainly collect the money, but it's considered income earned in California so you are stuck with the state taxes no matter what.
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Old 05-04-2008, 02:09 PM
 
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California Mega Millions FAQ (http://www.calottery.com/Games/MegaMillions/howtoplay/faq.html#q11 - broken link) . . not taxed in California, and no Nevada state income tax.

Since Nevada lottery bills never seem to make it out of committee, looks like the citizens initiative process will be the only way to ever get a state lottery on the ballot.
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Old 05-04-2008, 02:21 PM
 
Location: Houston, Texas
10,427 posts, read 28,431,756 times
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Quote:
Originally Posted by tortoise View Post
California Mega Millions FAQ (http://www.calottery.com/Games/MegaMillions/howtoplay/faq.html#q11 - broken link) . . not taxed in California, and no Nevada state income tax.

Since Nevada lottery bills never seem to make it out of committee, looks like the citizens initiative process will be the only way to ever get a state lottery on the ballot.
Or we can just contine to say "To hell with Nevada" and take our bi-monthly trip down to Stateline to buy them.

When you go there, 100%, not a lot or most, every single car there who is buying tickets has Nevada plates. When you go to Rosie's in Arizona, 95% of the cars have Nevada plates.

What does this tell the fine crooked politicos of Nevada?

Simple.

WE THE PEONS WANT A STATE LOTTERY !!

Us lottery players rarely step foot into a casino so you casinos are not losing any money by allowing the state to run one.
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Old 05-04-2008, 02:28 PM
 
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Quote:
Originally Posted by desertsun41 View Post
Or we can just contine to say "To hell with Nevada" and take our bi-monthly trip down to Stateline to buy them.

When you go there, 100%, not a lot or most, every single car there who is buying tickets has Nevada plates. When you go to Rosie's in Arizona, 95% of the cars have Nevada plates.

What does this tell the fine crooked politicos of Nevada?

Simple.

WE THE PEONS WANT A STATE LOTTERY !!

Us lottery players rarely step foot into a casino so you casinos are not losing any money by allowing the state to run one.
How far do you have to drive to get to a store that sells tickets? I agree that Nevada wouldn't lose gambling money if they ran a state lotto. I may be moving to go to UNLV for my last two years of college (haven't decided yet) and I personally can't see myself spending a few hours in a casino. But I don't really have a problem dropping five bucks a week for some quick picks at 7-11. So, I guess if I move to LV I'll just end up doing what you guys do and driving to the closest place that sells them every few weeks.
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Old 05-04-2008, 02:52 PM
 
Location: Houston, Texas
10,427 posts, read 28,431,756 times
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Quote:
Originally Posted by tangodoodles View Post
How far do you have to drive to get to a store that sells tickets? I agree that Nevada wouldn't lose gambling money if they ran a state lotto. I may be moving to go to UNLV for my last two years of college (haven't decided yet) and I personally can't see myself spending a few hours in a casino. But I don't really have a problem dropping five bucks a week for some quick picks at 7-11. So, I guess if I move to LV I'll just end up doing what you guys do and driving to the closest place that sells them every few weeks.
It would be nice if we can just stop at the corner store to drop a few on tickets now and then. But nooooo, every time the question of a lottery comes up on the ballad for the people to vote on it, the people win by a landslide. But then the casino lobbyers cry, squabble and raise their fists and the state just backs right down and ignores the will of the people.

From anywhere in central LV it is about a 50 minute ride. But we usually make a nice afternoon of it by letting the kids do the rides at Buffalo Bills and do lunch in the outlet mall.

By the way, the OP was asking about the mega millions. It is not really worth the odds. The odds on the Mega is 176,000,000 to 1. The odds for the Super Lotto are 41,000,000 to 1. The odds for the Fantasy 5 are only 550,000 to 1.

Sure if you hit the Mega or the Super you can retire and buy the company you work for but the odds are astronomical to do so. The fantasy 5 is so much easier to hit. Sure you cant retire on a win but life sure would be a whole lot easier. I rarely bother with the pick 6s, I love the pick 5s.

I hit 4 out of 5 two times. It pays a measly just under $600 which is just under the threshhold for filling out those extortion gamblers tax forms.

You are much better off playing one of the Canadian Provence lotteries. There is no tax on gambling winnings in Canada. You win $10 million, you take $10 million home. No tax burden. In the states they extort about a third up front that you never see if you choose the one payment option which is the dumbest thing you can do.

Anyway if you do win to the OP, you wont have to worry about being able to afford hiring an Attorney to create a blind trust for you so you can keep what is yours. What you won.
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Old 05-04-2008, 03:22 PM
 
Location: In my house
8,776 posts, read 14,611,025 times
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I just drive to Primm once every 2 months. I buy my mega millions ticket and super lotto. Play the same numbers for 20 draws.
Have dinner at Buffalo Bills before driving home.

I also wish they would have a lottery here in Nevada, but the greedy casino owners will make sure the idea stays dead. And we will just continue our trips to the border.
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Old 05-05-2008, 12:21 AM
 
Location: Las Vegas, Nevada
11,337 posts, read 19,271,812 times
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Just a point about what some of you have said. If there were no "greedy casinos" none of you would be here, because there wouldn't be any "here" to be. Maybe they should be paying more in taxes, but the only reason there is a Nevada, let alone a Las Vegas or Reno, is because of legalized gaming casinos, and the early Nevada Legislature's decision to allow people to retain some of their freedoms in this state. Now that you all are here, keep it in mind that it's the reason you left the oppressive states that you came from in order to enjoy what we have always had...less restrictions than you were used to "back home". So don't screw it up by wishing for more laws. If anything wish for less laws. In fact the next law should be that no more laws can be passed unless some other law is cancelled.
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Old 05-05-2008, 12:39 AM
 
1,755 posts, read 3,690,776 times
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Some 70% of Nevadan's want a state lottery. Your concept of a new law replacing a "cancelled" law on the books is admirable----but there are hundreds of arcane, unenforced laws in NV. ReviewJournal.com - Business - Primm success renews state interest in lottery legalization
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Old 05-05-2008, 01:11 AM
 
Location: In my house
8,776 posts, read 14,611,025 times
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Quote:
Originally Posted by Buzz123 View Post
Just a point about what some of you have said. If there were no "greedy casinos" none of you would be here, because there wouldn't be any "here" to be. Maybe they should be paying more in taxes, but the only reason there is a Nevada, let alone a Las Vegas or Reno, is because of legalized gaming casinos, and the early Nevada Legislature's decision to allow people to retain some of their freedoms in this state. Now that you all are here, keep it in mind that it's the reason you left the oppressive states that you came from in order to enjoy what we have always had...less restrictions than you were used to "back home". So don't screw it up by wishing for more laws. If anything wish for less laws. In fact the next law should be that no more laws can be passed unless some other law is cancelled.
Now I only said greedy casinos because they don't seem to want to share the fun. We can have the lottery and the casino's, the more gambling the better, right? There are just so many people that never set foot in a casino for various reasons that buy lottery tickets and it would be nice to have a lottery here. We will all still drive to the border, but we also like saying what we feel about the lack of a lottery here.

Last edited by PinkString; 05-05-2008 at 01:12 AM.. Reason: typo
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