[Gay State Conservative]

You should keep your old, dead tickets for a year for irs use. If you get a win that is reportable income, you get to deduct all your losses that year against the win.

Anyone who spends enough on lottery tickets to make such a plan worthwhile is spending *far* too much on the tickets.

[Lokibob]

Do the math:
$5/ drawing (not a lot IMHO)
2 drawings a week
52 weeks a year
total spent $520

If you win $1000, you only have to pay taxes on $480.

Do what you want, but I'd deduct it......Bob