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01-09-2016, 04:48 AM
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#26 | | OMGWTFBBQ is a common word I say everyday
Join Date: Dec 2001 Location: right here
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engrish,eh.
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now what?
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01-09-2016, 04:56 AM
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#27 | | 2013, 2016, 2017 & 2018 NHL Fantasy RS1 Champion
Join Date: Aug 2005 Location: Vancouver
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Anyone going to the US today? Group buy powerball tickets? lol
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01-09-2016, 05:07 AM
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#28 | | OMGWTFBBQ is a common word I say everyday
Join Date: Dec 2001 Location: right here
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you can buy them online.
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now what?
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01-09-2016, 07:08 AM
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#29 | | I answer every Emotion with an emoticon
Join Date: Feb 2005 Location: somewhere
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Originally Posted by N.V.M.  you can buy them online. | from 3rd party vendors.. lol no thanks.. theres no legal way to buy powerball tickets online, as stated on the powerball.com website
if its the winning ticket, you think those guys will hand over $500mil.. lol  | |
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01-09-2016, 07:34 AM
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#30 | | I contribute to threads in the offtopic forum
Join Date: Aug 2006 Location: Abbotsford
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Grabbed fuel and 5 tickets last night, I could use a billion...
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01-09-2016, 09:49 AM
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#31 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
Posts: 8,150
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one can dream right?
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Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
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01-09-2016, 10:53 AM
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#32 | | WOAH! i think Vtec just kicked in!
Join Date: Apr 2004 Location: Vancouver
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| Quote:
Originally Posted by cdizzle_996 Grabbed fuel and 5 tickets last night, I could use a billion... | found out you dont get that amount unlike in Canada. In the US, it's only the est $900 Million if you take the amount over 30 years. otherwise the lump sum is around 60% of the $900 mill. which would be like ~$560, of which taxes get taken off. which is another 40% off.
so you are left with around $340Million USD. still a shit load of money.
The ticket costs $2 and it's a 1 in 292 million probability. its still not a fair bet.
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01-09-2016, 11:29 AM
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#33 | | I answer every Emotion with an emoticon
Join Date: Feb 2005 Location: somewhere
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Yesterday it was est at $800m with $495 Cash value, meaning thats the take home after the taxing.. then using that to convert into CAD comes to around $700m..
dont forget that Canadian Government wants 30% piece of that pie.. so roughly around $480m?
Tonight, its gona hit 1Billion, im pretty darn sure...
at then end, you still get more then winning MAX...
Came back this morning.. too 30mins to get thru PT Roberts crossing.. got $40 fuel and $30 Powerball tix
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01-09-2016, 11:51 AM
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#34 | | WOAH! i think Vtec just kicked in!
Join Date: Apr 2004 Location: Vancouver
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| Quote:
Originally Posted by FerrariEnzo Yesterday it was est at $800m with $495 Cash value, meaning thats the take home after the taxing.. then using that to convert into CAD comes to around $700m..
dont forget that Canadian Government wants 30% piece of that pie.. so roughly around $480m?
Tonight, its gona hit 1Billion, im pretty darn sure...
at then end, you still get more then winning MAX...
Came back this morning.. too 30mins to get thru PT Roberts crossing.. got $40 fuel and $30 Powerball tix | it's going to get taxed in the US, but is the canadian gov still going to tax it again? I thought lottery winnings in Canada are not taxable.
or is it that only canadian lottery winnings are not taxable?
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01-09-2016, 01:10 PM
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#35 | | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: Coquitlam
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I was in vegas for CES this week
I wanted to pick one up but apparently, you cannot buy/sell lottery ticket any where near vegas.... Biggest gambling city in the world, you cannot play lottery lol
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01-09-2016, 01:21 PM
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#36 | | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: Coquitlam
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Originally Posted by iEatClams it's going to get taxed in the US, but is the canadian gov still going to tax it again? I thought lottery winnings in Canada are not taxable.
or is it that only canadian lottery winnings are not taxable? | Canadian lottery is for sure tax free.
Even US lottery, I dont think it's taxable income in Canada. Win big? Not so fast, says the taxman - The Globe and Mail | |
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01-09-2016, 01:34 PM
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#37 | | Everyone wants a piece of R S...
Join Date: Mar 2012 Location: YVR
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What would I buy?
One vancouver tear down special. That'll take up most of the winnings.
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01-09-2016, 01:56 PM
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#38 | | Waxin’ Punks
Join Date: Jun 2006 Location: South Surrey
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Got my ticket.
Pretty sure you still get taxed as a Canadian but you can file to get some of it back. Still don't think you keep 100% though.
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If you drive like an asshole, you probably are one. Quote:
Originally Posted by MG1 punkwax, I don't care what your friends say about you, you are gold! | Quote:
Originally Posted by mikemhg What do your farts sound like then? | | |
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01-09-2016, 02:08 PM
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#39 | | I help report spam so I got this! <--
Join Date: Dec 2010 Location: Vancouver
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Lotterry winning is not taxable in Canada. You get taxed 30% to the US gov thats it.
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01-09-2016, 02:22 PM
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#40 | | RS has made me the bitter person i am today!
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Given the amount of jackpot, who fucking cares how much taxes I will have to pay? 
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Nothing for now
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01-09-2016, 02:23 PM
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#41 | | I only answer to my username, my real name is Irrelevant!
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thought they raised the non-resident lottery tax to 40% (federal) not including state taxes?
edit: Quote: |
Depending on your other income and the amount of your winnings, your federal tax rate may be as high as 39.6%. Your lottery winnings may also be subject to state income tax. Thus, depending on where you live, your total tax bill could exceed 50%. You don't get any capital gains rate break for lottery winnings.
| no state taxes in Washington though  not sure how accurate that is
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01-09-2016, 03:47 PM
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#42 | | Need to Seek Professional Help
Join Date: Nov 2012 Location: YVR
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I can't believe some people deliberately go down to the states to buy powerball tickets under the disguise of buying gas.
The odds are worse than lottomax!
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01-09-2016, 04:26 PM
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#43 | | I only answer to my username, my real name is Irrelevant!
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I was speaking to my friend just now about it, he's wrapping up an open house in white rock, and got him to go down to buy tickets for us 
he was sold on the idea of tickets, but the gas was the cherry on the top for him
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01-09-2016, 10:17 PM
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#44 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
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Still no winner for today's draw.
The next jackpot is estimated at 1.3billion... fuck... you win it (assuming only one winner), instant billionaire.
That's it, I'm buying tomorrow.
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Nothing for now
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01-09-2016, 10:36 PM
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#45 | | RS.net, helping ugly ppl have sex since 2001
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Where is the closest vendor over the border to buy Powerball ticket?
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2014 Honda Civic Si | |
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01-09-2016, 10:58 PM
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#46 | | I answer every Emotion with an emoticon
Join Date: Feb 2005 Location: somewhere
Posts: 7,906
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Originally Posted by shenmecar Where is the closest vendor over the border to buy Powerball ticket? | Point Roberts, International Marketplace.. Went this morning around 8:30am, 30min wait at the boarder.. then lineup to buy tickets.. another 15mins.. lol... never seen PtRoberts so busy...
So what is the percentage of tax? Doesnt CDN government tax this as income..
The jackpot is estimated at 1.3billion with 806million as cash value.. is the cash value after the US taxes?
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01-09-2016, 11:02 PM
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#47 | | My homepage has been set to RS
Join Date: Jun 2006 Location: Richmond
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too much heat if a canadian won
better disappear for at least a few years
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01-09-2016, 11:08 PM
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#48 | | Banned By Establishment
Join Date: Nov 2005 Location: Usa
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You can buy them online, from the specific state's lottery site.... Mind you if you did win you'd have to go to that same state to claim.
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01-09-2016, 11:12 PM
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#49 | | Fathered more RS members than anybody else. Who's your daddy?
Join Date: Aug 2002
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I'm glad nobody won yet........ was planning to go south of border on Sunday.
If I win, I'll buy RS regulars something nice. A few will get lumps of coal, lol.
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Youth is, indeed, wasted on the young.
| YODO = You Only Die Once.
Dirty look from MG1 can melt steel beams.
"There must be dissonance before resolution - MG1" a musical reference.
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01-09-2016, 11:15 PM
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#50 | | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
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Originally Posted by MG1 I'm glad nobody won yet........ was planning to go south of border on Sunday.
If I win, I'll buy RS regulars something nice. A few will get lumps of coal, lol. | Could at least get us all matching black civics with a green underglow (a la Fast and Furious). | |
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