Posted on 03/31/2014 3:44:49 PM PDT by 2ndDivisionVet
Calvin and Zatera Spencer have been having an epic month.
On March 12 the Portsmouth, Va., couple won a $1 million Powerball drawing. Then, on March 26, Calvin Spencer won $50,000 in the Virginia Lottery's Pick 4 game. The next day he dropped his wife off at an appointment and stopped at a 7-Eleven in Norfolk to get a $100 Million Cash Extravaganza Scratcher ticket. He scratched the ticket and realized that he had won the $1 million prize, News Channel 3 in Virginia reports.
"Baby, we did it again!" he told his wife.
According to the news station, the Spencers had a choice of taking the full $1 million prize over 30 years or a one-time cash option of $681,000, before taxes, in the $100 Million Cash Extravaganza win. They chose the cash option. The store received a $10,000 bonus for selling the winning ticket....
(Excerpt) Read more at theroot.com ...
Sad to see hard earned money go down the drain so easily. Couldn't they at least use EBT money, as they do here in MA?
“...but now millions of poor people will be induced to fruitlessly blow the milk money on lottery tickets.”
Hey, beef, it has been happening for years already. And it is not just the ‘poor’ people paying this optional ‘tax’. I do not pay it. It is a tax on the people that is optional. And govt will confiscate the milk money with or without the lotteries.
Lotteries are a ‘tax’. So, don’t pay the damn tax.
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