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Post by jubejubes on Dec 28, 2019 1:20:50 GMT
People give scratch lottery tickets as gifts at Christmas.
What happens if you gifted someone and they won? Should you get some $$ of the winning prize?
What happens if someone gifted you the ticket and you won (over $5,000.). Do you give them half of the prize?
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rodeomom
Pearl Clutcher
Refupee # 380 "I don't have to run fast, I just have to run faster than you."
Posts: 3,661
Location: Chickasaw Nation, Oklahoma
Jun 25, 2014 23:34:38 GMT
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Post by rodeomom on Dec 28, 2019 1:21:50 GMT
No
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Post by mustlovecats on Dec 28, 2019 1:22:42 GMT
No, I think if you have the ticket as a gift you gave any potential winnings as that gift
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Post by alexa11 on Dec 28, 2019 1:25:56 GMT
I agree- it's your gift, so your winnings.
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Post by Crack-a-lackin on Dec 28, 2019 1:26:21 GMT
In my family we always give scratch tickets in stockings and make it clear if you win the money is yours. However, if I won a significant amount (maybe over $1k) I’d probably give the giver some, but not half unless it was my dd or mom (when she was alive), but I wouldn’t expect them to give me half if they win.
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Post by jubejubes on Dec 28, 2019 1:30:50 GMT
In my family we always give scratch tickets in stockings and make it clear if you win the money is yours. However, if I won a significant amount (maybe over $1k) I’d probably give the giver some, but not half unless it was my dd or mom (when she was alive), but I wouldn’t expect them to give me half if they win. What if it was from a friend, who has little money, and the amount was $5,000.+ ?
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Post by katlaw on Dec 28, 2019 1:38:26 GMT
Nope. It is a gift. If I gifted it I would not expect to get any money. If I won a lot I might change my mind and want to share with the gift giver. I have never won enough to face that dilemma.
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Deleted
Posts: 0
May 18, 2024 21:43:45 GMT
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Post by Deleted on Dec 28, 2019 1:39:03 GMT
Nope, you don't get a cut when it's a gift. It's up to the winner to decide if he/she wants to share, but that person is under no obligation to do so. I'm surprised why anyone would expect a 50% cut.
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Post by kristi on Dec 28, 2019 1:39:22 GMT
I won $10 yesterday from some tickets a friend got me for Christmas.
If I won a large amount, I would give them 1/2 my winnings. Without them I wouldn’t have had the ticket.
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inkedup
Pearl Clutcher
Posts: 4,837
Jun 26, 2014 5:00:26 GMT
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Post by inkedup on Dec 28, 2019 1:48:03 GMT
In my family we always give scratch tickets in stockings and make it clear if you win the money is yours. However, if I won a significant amount (maybe over $1k) I’d probably give the giver some, but not half unless it was my dd or mom (when she was alive), but I wouldn’t expect them to give me half if they win. What if it was from a friend, who has little money, and the amount was $5,000.+ ? If you want to share, share. And if you don't, don't. If I understand correctly, you gave or were given a winning lotto ticket. If you gave it, you are expecting to hear that you should receive a portion of the winnings. And if you received it, you don't want to share and are looking for validation that you should not share.
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Deleted
Posts: 0
May 18, 2024 21:43:45 GMT
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Post by Deleted on Dec 28, 2019 1:48:12 GMT
Zero. If the giver had given you $5k, would you have handed half back? Do people normally hand back portions of gifts?
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Post by crazy4scraps on Dec 28, 2019 1:53:12 GMT
I’d say no. But if someone who has almost nothing gave me the ticket as a gift and I won $5K, I would definitely offer to give them some of it.
ETA: The only person who would give me a scratcher as a gift would be my almost broke brother, and if I bought the ticket myself I absolutely wouldn’t win because I’m just that lucky, LOL. Which means I never, ever buy lottery tickets.
So if by chance he gave me one AND I happened to win, yeah, I’d give share it with him. It doesn’t really matter to me that it was a cheap gift. I still would have more money than I started with even if I shared and it would make me feel better to do so because he’s the kind of guy who can have almost nothing but still offers to share what he does have.
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Post by KikiPea on Dec 28, 2019 1:54:38 GMT
Absolutely not. It’s a gift. That’s like saying if you give someone cash, they should spend part of it on the gifter.
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Post by elaine on Dec 28, 2019 1:57:54 GMT
Nothing. The giver receives the pleasure of having given a nice gift. That is it. I can’t believe it is even a question.
Why give a cheap lottery ticket as a present if you expect to get half of the winnings - if, against all odds, your inexpensive gift pays out? Just keep the darn thing yourself.
Do you give someone a piece of jewelry and demand that they take out half the stones and give them back to you?
A gift is a GIFT. No strings attached. Otherwise it isn’t a gift; it is a loan or a business transaction.
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Post by jubejubes on Dec 28, 2019 2:01:20 GMT
What if it was from a friend, who has little money, and the amount was $5,000.+ ? If you want to share, share. And if you don't, don't. If I understand correctly, you gave or were given a winning lotto ticket. If you gave it, you are expecting to hear that you should receive a portion of the winnings. And if you received it, you don't want to share and are looking for validation that you should not share. IT was a gift to me. I don't buy lottery tickets. I am looking for validation that I should share! Thanks!
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Post by kelly316 on Dec 28, 2019 2:05:54 GMT
People give scratch lottery tickets as gifts at Christmas. What happens if you gifted someone and they won? Should you get some $$ of the winning prize? What happens if someone gifted you the ticket and you won (over $5,000.). Do you give them half of the prize? No and no. If they lose, do you have to buy them a real gift because that one now holds no value. 😂
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Post by myshelly on Dec 28, 2019 2:12:18 GMT
No, I wouldn’t share.
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Loydene
Pearl Clutcher
Posts: 2,639
Location: Albuquerque, New Mexico
Jul 8, 2014 16:31:47 GMT
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Post by Loydene on Dec 28, 2019 2:16:39 GMT
If you want to share, share. And if you don't, don't. If I understand correctly, you gave or were given a winning lotto ticket. If you gave it, you are expecting to hear that you should receive a portion of the winnings. And if you received it, you don't want to share and are looking for validation that you should not share. IT was a gift to me. I don't buy lottery tickets. I am looking for validation that I should share! Thanks! You don't have to have "validation" to share ... If you *really* wanted to "share", I think you already would have.
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Post by bothmykidsrbrats on Dec 28, 2019 2:17:47 GMT
If I won more than $100 I would share it, but I would not expect anything if I gifted a winning ticket. It's not something I have to worry about though living in NV where we have 24/7/365 booze, weed and gambling, even a little legal prostitution for fun, but selling lottery tickets would be the downfall of our state.
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Post by jubejubes on Dec 28, 2019 2:22:14 GMT
IT was a gift to me. I don't buy lottery tickets. I am looking for validation that I should share! Thanks! You don't have to have "validation" to share ... If you *really* wanted to "share", I think you already would have. Loydene The situation is a bit difficult. This was part of a "Stinky Santa" and the group are a really good group of friends. If word gets out that I won a larger $ amount, there might (yes, there WILL) be some issues. I didn't like how the pass the gift/open/pass/steal thing went while we were doing the gift exchange. And where I live, all lottery winnings are posted on-line. The bonus is not having to pay taxes on ANY winning amount of money.
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Post by AussieMeg on Dec 28, 2019 2:23:07 GMT
My BFF and I give each other lottery tickets for our birthdays every year. The agreement is that any prize over $100 is split half and half. Well, we've never won anything over $100 but we've had a couple of small $30ish wins, and we end up putting them towards a dinner for the two of us. I don't give lottery tickets to anyone else. If I did, I would not expect any percentage of the winnings. I lie, I would totally expect something, and would be disappointed if I didn't get at least a small amount slung my way.
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Post by Eddie-n-Harley on Dec 28, 2019 2:24:34 GMT
First of all, you never EVER scratch off lotto tickets in front of the gift giver. You wait til you get home and the answer to the question, "Didja win anything?" is always "Nope." (Or, you know, "three bucks," when that's what you actually win.) Also, technically, you're on the hook for income taxes for all your winnings, and if it's over $1200, the IRS is gonna know about it, and the state lottery commission is going to give them (and the state, when applicable) its pound of flesh before cutting you a check for the balance. So unless my gift giver acknowledges from the outset that they're on the hook for half of the taxes, we've got less than nothin' to talk about. ETA: It looks like the Canadian lotto is weird.
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Post by chaosisapony on Dec 28, 2019 2:25:55 GMT
Every once in a while I'll get a lottery ticket as a Christmas gift. I've yet to win more than a new ticket. But, if I did win a substantial amount I would probably give some to the person that gave me the ticket. No because I "should" but just because I would want to.
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Post by revirdsuba99 on Dec 28, 2019 2:26:59 GMT
The gift recipient can choose what s/he wants to do. There is no obligation for s/he to share! A gift is a gift!
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Post by MZF on Dec 28, 2019 2:27:20 GMT
No. All winnings are property of the ticket holder/owner.
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Post by revirdsuba99 on Dec 28, 2019 2:30:31 GMT
The situation is a bit difficult. This was part of a "Stinky Santa" and the group are a really good group of friends. If word gets out that I won a larger $ amount, there might (yes, there WILL) be some issues. So, give it to your mom or someone you TRUST with an explanation!
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Post by jubejubes on Dec 28, 2019 2:43:00 GMT
First of all, you never EVER scratch off lotto tickets in front of the gift giver. You wait til you get home and the answer to the question, "Didja win anything?" is always "Nope." (Or, you know, "three bucks," when that's what you actually win.) Also, technically, you're on the hook for income taxes for all your winnings, and if it's over $1200, the IRS is gonna know about it, and the state lottery commission is going to give them (and the state, when applicable) its pound of flesh before cutting you a check for the balance. So unless my gift giver acknowledges from the outset that they're on the hook for half of the taxes, we've got less than nothin' to talk about. ETA: It looks like the Canadian lotto is weird. I did NOT scratch off in front of the gift giver. I have waited a few days to do the scratching. In Canada, all lottery winnings are NOT TAXABLE but the interest that you earn on the winnings are. Kinda weird, but I like it. Also, every transaction over $10,000. is reviewed by the banking laws (or something like that), similar to the declaration of over $10,000. when you leave the country. NO INCOME tax on the actual $$ amount or the value of a gift prize. (car, house).
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Post by mikklynn on Dec 28, 2019 2:43:55 GMT
We give them in birthday cards in my family. My brother's wife won a cruise on a ticket we gave her. They had 3 toddlers at the time. DH and I offered to stay with the girls, but she could not leave them for the week. They gave us the ticket. We ended up splitting it with my parents. I did not pay her anything, but did buy her a nice piece of jewelry on the trip.
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Post by freecharlie on Dec 28, 2019 3:00:57 GMT
First of all, you never EVER scratch off lotto tickets in front of the gift giver. You wait til you get home and the answer to the question, "Didja win anything?" is always "Nope." (Or, you know, "three bucks," when that's what you actually win.) Also, technically, you're on the hook for income taxes for all your winnings, and if it's over $1200, the IRS is gonna know about it, and the state lottery commission is going to give them (and the state, when applicable) its pound of flesh before cutting you a check for the balance. So unless my gift giver acknowledges from the outset that they're on the hook for half of the taxes, we've got less than nothin' to talk about. ETA: It looks like the Canadian lotto is weird. I did NOT scratch off in front of the gift giver. I have waited a few days to do the scratching. In Canada, all lottery winnings are NOT TAXABLE but the interest that you earn on the winnings are. Kinda weird, but I like it. Also, every transaction over $10,000. is reviewed by the banking laws (or something like that), similar to the declaration of over $10,000. when you leave the country. NO INCOME tax on the actual $$ amount or the value of a gift prize. (car, house). Option 1: dont share dont tell Option 2: dont share do tell Option 3: do share
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Post by pjaye on Dec 28, 2019 3:07:44 GMT
I would not expect any set money if I gave the ticket to someone...unless it was a really big prize, like $10,000 or more, then a little something would be nice - a dinner, a bottle expensive champagne or something along those lines to say thanks. However I would never expect half of the money.
If I won the money, then it would depend on who and under what circumstances it was given as to what I would do, but I doubt I would spilt it 50/50 unless it was my mother or a really good friend.
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