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Lottery winner still collecting food stamps

Forum: General Discussion Page 2 of 2  1 2  
Author: [General Discussion] Topic: Lottery winner still collecting food stamps
chilitokid PM chilitokid
Joined: Feb 2007
Posts: 10263
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Posted: 3/8/2012 1:22:58 PM
QUOTE Originally Posted by AustinHoopDream:

federal tax rate is 35% on the winnings...and the cash value option  took it to 50%..
Federal tax rate on lottery winnings is 25% and every state has a different tax rate. In Michigan it is 4.35%.

eddothebook PM eddothebook
Joined: Dec 2011
Posts: 1320
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Posted: 3/8/2012 4:05:22 PM
UPDATE: Michigan's Department of Human Services has cut the $200 a month payments to Clayton, according to the LA Times. Her case has been turned over to state anti-fraud officials.

TheGoldenGoose PM TheGoldenGoose
Joined: Jan 2003
Posts: 28257
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Posted: 3/8/2012 4:26:38 PM

USDA: Food Stamp Fraud is at a Record Low

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HutchEmAll PM HutchEmAll
Joined: Jan 2004
Posts: 38704
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Posted: 3/8/2012 4:56:17 PM
QUOTE Originally Posted by SwishSwish1234:

Why??? Was it her fault she was poor in the first place??? I agree she should not be collecting food stamps now that she won the lottery but to ask her to pay back what she received in the past is absurd. 

  It could very well be her fault she is poor.  How can you assume it's not?
Forum: General Discussion Page 2 of 2  1 2  
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