The winning Texas Lotto ticket from the October 26th drawing was sold at Fifth Street Grocery in Victoria, Texas. Fifth Street Grocery is a convenience store located at 1804 North 5th Street, Victoria TX 77901.
The ticket matched all six numbers (11-13-17-21-28-44) to win the $6 million grand prize.
The State of Texas sells its Pick 3, Daily 4, Cash Five, Texas Two Step, Lotto Texas, Powerball and Mega Millions lottery games. Overall, the odds of winning the Texas Lotto are 1 in 25,827,165. Winning tickets must be redeemed within 180 days of the official drawing date.
If you happen to be in or near Victoria, be sure to check out Fifth Street Grocery! Not only did you have the chance to buy a winning Texas Lotto ticket, but you’re sure to find all sorts of interesting items to bring home with you.
Was the Lotto won last night?
No, unfortunately the Lotto was not won last night. All of the winning numbers were drawn, but none of them matched the numbers that had been selected by ticket holders. However, that doesn’t necessarily mean that nobody won last night.
There are secondary prizes available such as Match 4, Match 3, as well as Bonus Match 5, which offers cash rewards for players who have matched some of the winning numbers on their ticket. Players who have won a secondary prize can visit the lottery’s website or contact the lottery office to get more details on how to claim their prize.
Can you stay anonymous after winning the lottery in Texas?
Yes, you can stay anonymous after winning the lottery in Texas. According to a Texas Lottery Commission rule from 2019, jackpot winners can set up a trust, limited liability company, or another legal entity to receive the prize money, and their identities will not be disclosed to the public.
The Texas Lottery allows winners to choose between receiving a lump sum payment or an annuitized payment, but all winners must select one or the other. Additionally, the Texas government will withhold a certain amount of taxes before the winnings are paid out to the recipient, depending on their particular situation.
To maintain their anonymity, the winner should contact an attorney or financial advisor to help establish an LLC, trust, or other similar method to keep their name off of the public records associated with the winning claim.
Where did they shoot Lottery Ticket movie?
The 2010 comedy film Lottery Ticket was primarily shot in Atlanta, Georgia. Filming began in April 2009 and continued for 6 weeks. Other filming locations in and around Atlanta included the High Museum of Art, the Atlanta Zoo, Decatur, Georgia, Mable House Amphitheater in Mableton, and College Park, Georgia.
They also filmed a few scenes from the movie at the Stockholm Film Studios in Sweden.
Does Texas release names of lottery winners?
Yes, Texas does release the names of lottery winners. The Texas Lottery Commission (TLC) is required by law to make certain information about lottery winners public in accordance with the Texas Public Information Act.
This means that the full name, city of residence, and the amount won of a lottery winner must be made public. This information is released whenever a jackpot prize is claimed. Such as winners who opt to remain anonymous, or winners who make a request to remain anonymous.
However, such requests are rarely granted.
Where is the luckiest place to buy a lottery ticket?
The luckiest place to buy a lottery ticket will vary depending on the person, but generally the luckiest places to buy lottery tickets are those that are the busiest. This is because more tickets are typically sold in busy stores and your chances of winning increase when you have more tickets in circulation.
Additionally, the luckiest place to buy a ticket might be where you’ve previously bought winning tickets, since rolling those same dice again may increase the likelihood of winning again. Finally, try buying from stores that are the most popular in your area, as they may be busiest and there may be less competition in regards to the number of tickets being bought.
Where was the 70 million Lotto Max purchased?
The 70 million Lotto Max ticket was purchased in Whitby, Ontario. The winner, who has chosen to remain anonymous, bought the ticket from Applewood Variety on Wilson Road, just north of Taunton Road. The store’s owner, Frank Chen, said he was “thrilled” to have sold the lucky ticket.
“Of course, we’re very excited and happy because it’s a huge win for everyone!” Chen said. The ticket was the largest Lotto Max prize ever awarded in Ontario. Even though the winner has chosen not to reveal their identity, they have expressed their excitement.
“I feel overwhelmed with joy! I’m grateful and excited to begin making plans for the windfall,” they said in a statement.
How much tax do you pay on a $1000 lottery ticket in Texas?
In Texas, state and federal taxes are withheld from lottery winnings in accordance with the applicable laws. For a $1000 lottery ticket win, the amount of taxes withheld would depend on the amount of the prize and the winner’s personal tax situation.
When it comes to state taxes, Texas does not have a personal income tax, so any taxes on lottery winnings will be limited to those imposed by the Texas Comptroller of Public Accounts. As of 2020, the tax rate for Texas lottery prizes is 8.
25%. Therefore, if a winner of a $1000 lottery ticket has no deductions or exemptions, the state taxes delinquent would be $82. 50.
Federal taxes also apply to lottery winnings. The Internal Revenue Service requires that all lottery winnings be reported as income. For a $1000 lottery ticket win, the taxable portion of that award is subject to the same income tax rates that apply to any other income earned during the tax year.
Therefore, depending on the winner’s marginal tax bracket, the federal taxes withheld could range from 0-37%.
Overall, the amount of taxes withheld from a $1000 lottery ticket win in Texas could be anywhere between $82.50-387.50.
Do you pay taxes on $1000 lottery winnings Texas?
Yes, you do have to pay taxes on any lottery winnings in Texas. Depending on the size of the prize, you may need to report the winnings and pay federal, state, and local taxes. Texas is one of the few states that tax all lottery winnings, regardless of the prize amount.
For prizes of more than $600, you will need to pay 24% in federal taxes, 6. 25% in state taxes, and 2% for local taxes, bringing the total taxes owed to 32. 25%. So for a $1000 lottery prize in Texas, you will owe $322.
50 in taxes. You should also keep in mind that the lottery commission will deduct the taxes from your winnings before you receive your payout, so the actual amount you receive will be less than $1000.
You’ll need to consult a tax advisor to determine how much of your winnings are subject to taxes and what other taxes you may owe.
How do I claim $1000 Texas Lottery ticket?
In order to claim a $1000 Texas Lottery ticket, you must utilize the Texas lottery claim form and submit all of the required documents. First, you must complete the form including your full name, address, phone number and signature.
Then, you must attach a copy of the ticket with all winning numbers visible. Additionally, you must provide a valid form of identification, such as a driver’s license, state ID, passport, or military ID.
You can submit the claim in person, via mail, or via an authorized retailer.
When claiming your prize, you will need to provide the means to collect your prize and the method of payment you prefer. You may receive your prize via mail, electronic transfer (ACH) or loaded onto a Texas Lottery Visa Reward Card.
Additionally, you may also have the option of claiming your prize from the state ’s Austin headquarters and opt for payment in cash. Lastly, you must verify your social security number for state and federal taxes and provide a completed IRS W-2 or 1099 form before you receive your full prize.
How much tax do I have to pay if I win a lottery?
The answer to this question depends largely on where you live and the amount you won. Generally, lottery winnings are subject to income tax, so they are treated as regular wages. Depending on the jurisdiction, you may be subject to both federal and state taxes, as well as local taxes.
This could range from zero percent to almost forty percent of the winnings, depending on the amount you won, the tax bracket you fit within and the specific laws of the particular jurisdiction.
If you won a large amount of money, it might be wise to seek the advice of a tax advisor so you can accurately calculate and pay any taxes owed. Additionally, some states may include tax withholdings that are taken before you receive your prize, and this amount might vary depending on the total amount.
In the United States, winners are usually given the option to receive winnings as a lump sum or in annual payments spread out over a certain number of years. Generally speaking, liability is based on the annuity option rather than the lump sum.
This means that the total amount you owe in taxes would be spread out over the years and the recipient would still be responsible for paying taxes. For example, if you won $10 million in a lump sum, but elected to receive the money in annual payments spread out over twenty years, you would be taxed on each of the annual payments for all twenty years.
Ultimately, taxes owed vary greatly depending on the jurisdiction, the amount you won, and your particular situation. It would be wise to speak with a professional to accurately determine the amount of taxes due.
Does IRS take lottery winnings?
Yes, the Internal Revenue Service (IRS) will collect taxes on lottery winnings over $600. Depending on the amount won, taxes will be withheld from the payout or the beneficiary of the winnings must file Form 1040 or other applicable forms and make the tax payments.
If the lottery winnings are more than $600, the beneficiary must complete a W-2G form to report the income and pay taxes on the winnings. Federal taxes will be deducted based on the individual’s income tax bracket, as well as any state taxes that may apply.
If the tax rate is above 25%, an additional withholding of 28% will be applied to the amount won.
In addition, if the lottery winnings are substantial, such as a large jackpot, there may be additional taxes due at the end of the tax year. This can require the filing of other forms, such as Form 1040 with Schedules A, B, and D.
It Is important to review all possible forms and deductions with a qualified tax advisor to ensure that all taxes are paid correctly.
How are lottery winnings paid out in Texas?
In Texas, lottery winnings are paid out in one lump sum by a state-approved financial institution. After taxes, winnings can range from 50-100 percent of the ticket’s value, depending on the size of the prize and the size of the winning participant’s federal, state and local tax rates.
Before receiving their winnings, participants are required to fill out a Winner Claim Form and provide the appropriate tax ID numbers to the Texas Lottery Commission. All winnings over $599 must be claimed at a Texas Lottery Commission office, except for wins of $5,000 or more, which must only be claimed in Austin.
Once all necessary documents are provided and the winnings are verified, winnings will typically be received anywhere from two weeks to four months. Cash is not typically distributed at the Lottery Commission office, so most winners will need to make arrangements with a financial institution or other method of transferring their funds.
It’s important to note that all lottery winnings in the state of Texas are subject to taxation. The amount of taxes you’ll have to pay on lottery winnings will depend on your individual federal, state and local tax rates.
How much taxes do you have to pay on $1000000?
The amount of taxes you have to pay on $1000000 will depend on income tax rates in the area you live, which may vary by state and country. In the United States, your federal tax rate could range from 10% to 37%, plus state income tax rates.
Additionally, you may have to pay self-employment tax, as well as local taxes. After all relevant taxes have been calculated and applied, the final amount of taxes you have to pay on $1000000 will depend on your specific situation.
How much would you get if you won $100 million dollars?
If you won $100 million dollars, the amount you would get depends on the format of the winnings. If it was in one lump sum payment, you would receive the full $100 million minus any applicable taxes.
However, if the winnings were paid out as annual payments over a certain number of years, the amount would be much less due to taxes and interest. It also depends on how you choose to invest the winnings, as investments such as stocks or real estate can generate additional income.
Lastly, different countries or states may have different rules regarding the taxation of large winnings, so you should always seek professional advice when dealing with large sums of money.