Win the lottery, keep your food stamps.

[Capt Caveman]

This isn't the first thread you've provided erroneous tax information. That being said, the Code (and some states) allows you to offset wins up to the extent of losses (and in the case of the federal return, you must itemize to offset).

As for an on-topic reply, the fact that these payouts aren't included in eligibility income is a damn travesty. Furthermore, why is this individual purchasing lottery tickets in the first place?

B/c he didn't, he won the money on a game show sponsored by the lottery.

 

[mwtgg]

B/c he didn't, he won the money on a game show sponsored by the lottery.

Really?

Fick appeared on the lottery show after winning $1,000 on one of the lottery's $20 instant games.

 

[Capt Caveman]

Really?

Yes, he won the money in question from the game show.

You'd be surprised by the number of employed people that are on food assistance. If he sacrificed something to purchase lottery tickets, all the power to him.

 

[Patranus]

Doesn't matter, I'm all for conservative welfare spending, but gunning on a dude for buying a lotto ticket is going too far, would you rather he purchased a candy bar with his food stamps?

Yes.

If you can afford luxury items like lottery tickets you have no business leeching off the taxpayer.

Hell, they need to start giving out bologna sandwiches instead of food stamps but that is for another thread.

 

[mwtgg]

Yes, he won the money in question from the game show.

You'd be surprised by the number of employed people that are on food assistance. If he sacrificed something to purchase lottery tickets, all the power to him.

He wouldn't have gotten on the show and consequently won the jackpot had the ticket not been purchased. That's my point.

You have to be kidding me though. He's receiving food assistance. At that point, you shouldn't be allowed to gamble.

 

[spidey07]

He wouldn't have gotten on the show and consequently won the jackpot had the ticket not been purchased. That's my point.

You have to be kidding me though. He's receiving food assistance. At that point, you shouldn't be allowed to gamble.

Whoa there. As much as I agree with your sentiment that would open a pandora's box with unintended consequences. I'm posting without thinking so hear me out...

One has to choose between eating and lottery
A monkey will choose eating
A monkey will choose pressing a button to get food
A monkey will choose going to food stamp office to get food (pressing the button).
Give monkey hoards of money, monkey doesn't understand, monkey press button (food stamps, well conditioned by now, get food)
Monkey will still press button to get food (for fucking free, just by pressing button).

You see, monkey doesn't understand he's stealing from others. Monkey only understands conditioning.

Now call me a racist you dumb fucks.

 

[JimW1949]

Instead of being angry with the person who is on food stamps, why don't we get upset with the people running the food stamp program that allows people with this much money to be on the food stamp program?

 

[mwtgg]

Whoa there. As much as I agree with your sentiment that would open a pandora's box with unintended consequences. I'm posting without thinking so hear me out...

One has to choose between eating and lottery
A monkey will choose eating
A monkey will choose pressing a button to get food
A monkey will choose going to food stamp office to get food (pressing the button).
Give monkey hoards of money, monkey doesn't understand, monkey press button (food stamps, well conditioned by now, get food)
Monkey will still press button to get food (for fucking free, just by pressing button).

You see, monkey doesn't understand he's stealing from others. Monkey only understands conditioning.

Now call me a racist you dumb fucks.

Eh, I'm not really following you there. I don't why he would continue to take the assistance when he clearly doesn't need it anymore. I would feel absolutely disgusted with myself.

Since you can't forbid people from buying the tickets, should they win they should get a severely diminished payout, in addition to a suspension of benefits. These guidelines really need to be given another look, in all honesty.

 

[BoberFett]

So you would rather an individual on welfare spend your tax dollars on something with no return on investment that is also unhealthy with almost no nutritional value rather than he spend his own dollar to win the lottery?

Wheres the logic? One dumb thing is ok, another isn't?

How many poor people play the lottery that don't win? Want to bet that the aggregate amount of money spent by people on the lottery by people on government assistance is far more than is won by that same segment?

Not that I give a shit anymore. I hope this whole country collapses.

 

[coloumb]

What's worse:

[1] Guy wins lottery, is a legal resident of the USA, and is collecting food stamps. He made the effort to ask if he could still receive food stamps - and they said yes.
[2] Someone who is living in USA illegally receiving food stamps, welfare, etc? He/she makes no effort to ask if it's ok to receive assistance and is a financial drain on society.

The system is obviously screwed up and hopefully this will change it so those who have the sufficient funds to provide for themselves are not allowed to receive benefits.

 

[Patranus]

Eh, I'm not really following you there. I don't why he would continue to take the assistance when he clearly doesn't need it anymore. I would feel absolutely disgusted with myself.

Since you can't forbid people from buying the tickets, should they win they should get a severely diminished payout, in addition to a suspension of benefits. These guidelines really need to be given another look, in all honesty.

Sure you can.
They do it with people under 18 all of the time.

If you have enough spare cash (something the state should know) that you can buy lottery tickets you shouldn't get your assistance. Period.

Yet another example of why the state should NEVER give out cash payments to individuals who "need" help.

 

[alkemyst]

it's scary when those that abuse food stamps go on record with it.

doubly so are those protecting that above. probably in a double wide trailer with internet that gets cut by the park's crew.

 

[alkemyst]

Instead of being angry with the person who is on food stamps, why don't we get upset with the people running the food stamp program that allows people with this much money to be on the food stamp program?

because those working IN the system were put there by people working THE system.

 

[alkemyst]

Cut me a break. I have to balance gains/losses from gambling so I wrongly assumed it was capital gains.

dude you seem full of shit. Esp on your networking posts lately.

You out of work now or something?

 

[highland145]

And paid more in taxes than all of the knuckleheads in this thread combined. But don't let the OP and other ignoramuses discuss the facts. B/c we all know participating in a game show is the same as buying a lottery ticket.

/thread

/thread? Orly?
He paid taxes? Great. Like everyone else. If you'll look at what I bolded, it's clear that I was pointing out that the system was screwed up because he has $850K and can still get assistance.

/thread

Instead of being angry with the person who is on food stamps, why don't we get upset with the people running the food stamp program that allows people with this much money to be on the food stamp program?

The citizens of the state should be raising hell.

 

[tcsenter]

The citizens of the state should be raising hell.

Probably 1/3 of the citizens of the state are on food stamps (and probably 1/2 of those are misusers or defrauders). Its become moderately rampant all over.

Remember the receipt showing a bunch of lobster tails and Porterhouse steaks purchased with EBT card? That was from Michigan, too.

 

[highland145]

Probably 1/3 of the citizens of the state are on food stamps (and probably 1/2 of those are misusers or defrauders). Its become moderately rampant all over.

Remember the receipt showing a bunch of lobster tails and Porterhouse steaks purchased with EBT card? That was from Michigan, too.

Ha. And the arguments that ensued here.

 

[gevorg]

How do you figure? 800K @ 5% is 40K a year. I would think that's a livable income.

More like 0.5% nowadays.