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If I win the lottery....

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Old 09-16-2005, 09:14 PM
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Originally Posted by Traveler,Sep 16 2005, 08:36 PM
Is there a law against claiming your winnings while wearing a disguise?

#1 Establish residence in Nevada before claiming the prize. (no state income tax)
#2 Apply ice to overworked smiling muscles.
#3 Get over embarrassment of having spent money on a lottery ticket.
#4 Try not to do anything too stupid.
there is no income tax in nevada??
Old 09-16-2005, 09:18 PM
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Tell my wife I'm going for bread...
Old 09-16-2005, 09:19 PM
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Originally Posted by RhinoS2K,Sep 16 2005, 09:14 PM
there is no income tax in nevada??
Most corporations are established in Deleware and Nevada.

BC
Old 09-16-2005, 09:58 PM
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Originally Posted by Back-cracker,Sep 16 2005, 10:19 PM
Most corporations are established in Deleware and Nevada.

BC
right but i didnt know that applied for individual income too
Old 09-16-2005, 10:17 PM
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Originally Posted by RhinoS2K,Sep 16 2005, 09:58 PM
right but i didnt know that applied for individual income too
Regular income is taxed.

Double taxation.
Old 09-16-2005, 10:18 PM
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Nevada has no state income tax, but you still gotta pay federal
Old 09-16-2005, 10:19 PM
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Originally Posted by AP2Suzuka,Sep 16 2005, 10:18 PM
Nevada has no state income tax, but you still gotta pay federal
State is little. It's the Fed that kills
Old 09-16-2005, 10:41 PM
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Originally Posted by Back-cracker,Sep 16 2005, 11:19 PM
State is little. It's the Fed that kills
Exactly
Old 09-16-2005, 10:46 PM
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Originally Posted by demitri,Sep 16 2005, 05:10 PM
i'll still carry the same lifestyle, drive the same S, talk to the same people, etc...

come to think of it, i'll probably set up a scholarship foundation for kids with my same background.
exactly, how bout helping some others including yourself.

and it's funny how we're so wired to make money that the first thing we do with a bunch of money is try to make more of it.

i personally dream of calling my closest friends/family whom i trust and telling them they all have the option of not working regularly again if they don't want to. then do the airport thing with some friends.

being rich alone sucks, imo.
Old 09-16-2005, 10:50 PM
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I would invest it a % donate a % spend a % and stash the rest of it.

Kind regards,
Joe


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