Subj : the lottery is a tax
To   : Arelor
From : August Abolins
Date : Mon Feb 05 2024 19:55:00

Hello Arelor!

** On Friday 02.02.24 - 16:55, Arelor wrote:

 >> I know someone who was/is living on disability and in low-
 >> income housing, and won a lottery prize in the low 6-digits.
 >> She opted NOT to claim the winnings. If she did, the gov't
 >> would take her off disability and disqualify her for low-income
 >> housing.
 >>

 A> This begs the question: why do you play if you don't plan to claim the
 A> prize?

Maybe because the lower payouts are more frequent than the big  
ones? ..and they want to experience more frequent wins?  The  
person who told me about her 6-digit winnings was not aware  
that it would impact her existing gov't handhouts.


 A> If I got a low 6-digit prize I would invest it. -+If you
 A> put 100 grand in the proper companies you will have a base
 A> salary of 400 bucks per month on dividends alone. That does
 A> not make a living, but makes for a log of dog and horse
 A> food.

So..  you got ANY $s in such investments?  They say even a low  
$100 every now and then is enough to get started.




-- 
  ../|ug

--- OpenXP 5.0.58
 * Origin: The LOOK of MicroNET https://kolico.ca/ftn/micronet (618:250/1.9)

.