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Tax on Prize Winners
Category : Personal Finance
Entering contests and vying for prizes can be fun, but if you are lucky enough to win, you need to consider the impact of taxes. The Internal Revenue Service considers the cash you win and the value of any prizes to be taxable income, and you must report that money when you file your tax return. Casino Wins and LossesIf you enjoy visiting a casino, it can help to keep track of all your play, ev

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TAGS : Prize Winners

Qualities of Winners
Category : Sports & Fitness
Some qualities of winners are habits, or the things they do; others are attitudes, or the way they see the world. There is no single formula for becoming a winner, or even a single definition of "winner." However, people who have a high degree of success in areas they find valuable tend to share certain qualities in some combination. OptimismBefore you can achieve something, you need to belie

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Lottery Winners Advice
Category : Personal Finance
Winning the lottery is a dream come true for many people. A lottery win can have a huge impact on many areas of your life including your finances, friendships and romantic relationships. Proper money management is essential to avoid problems and make the money last long-term. Lump Sum or AnnuityOne of your first decisions is whether to take your earnings as lump sum or as annuity. Many lotterie

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Tax Strategies for Lottery Winners
Category : Personal Finance
Winning the lottery might provide you with enough money to fix all of your financial problems for life. When you win the lottery, you should deal with the taxes that come with those winnings before you start spending all of your money. There are a few different ways that you can handle your taxes in this situation. Payment ChoiceWhen you win the lottery, you will generally be able to choose bet

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How Many States Tax Their Lottery Winners?
Category : Personal Finance
Winning a multi-million dollar lottery is every gambler's dream. It's also in the dreams of many taxing authorities, too. While not all of the states that permit the lottery force its winners to pay state taxes, many do. Regardless of state residence, lottery winners must pay federal taxes. Nevertheless, it's a small price to pay for what many consider the ultimate American dream. MegaMillions

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Taxes on Kansas Lottery Winners
Category : Personal Finance
Winners of the Kansas Lottery share their good fortune not just with family and friends but also with the Internal Revenue Service and the Kansas Department of Revenue. The winnings are fully taxable at both the federal and state levels. Taxation is applicable to all prizes in all games, including multistate games such as Mega Millions and Powerball, when you buy the tickets through the Kansas Lot

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How to Pick Triple Crown Winners
Category : Sports & Fitness
Each year for six weeks from the first Saturday in May to early June horse racing takes center stage in the sports world as everyone waits to see if one 3-year-old can capture the Kentucky Derby, Preakness Stakes and Belmont Stakes to claim the Triple Crown. For bettors, there is money to make in each of the three races. An historical look at the three contests, and identifying horses prime to run

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Characteristics of Winners & Losers in a Merger
Category : Business
A merger can provide benefits for both of the merger partners, but it can also leave the business combination in a worse situation than the merger partners were in originally. A merger can also primarily benefit only one company. A merger can involve one corporation overpaying for the stock of a nearly worthless competitor, or it can involve a purchase of stock for much less than the value of the

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How to Contact Contest Winners Via Facebook
Category : Internet
In the world of social media, "gamification" -- or the use of games and contests to motivate new customers -- is the name of the game. If you've created a contest using social media and now want to contact your winners via Facebook, you have a number of ways to do so. The key here is to try to contact them in a way that will also help you draw more attention to your own business's Facebook page. S

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A Guide to Picking Greyhound Winners
Category : Sports & Fitness
Greyhound racing is a sport in which greyhound dogs race around a track over a specified distance at a specialized track. Gambling is common for spectators of greyhound racing, making the choice of winners very important, with spectators often judging their choice of greyhound for a race based on the previous form of the dog. TrapsEach greyhound race begins at a starting trap. In the U.S., grey

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