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Tax

$710K Lottery Jackpot: Mass Trust Claims Prize After Game Redesign Improves Odds Of Winning $710K Lottery Jackpot: Mass Trust Claims Prize After Game Redesign Improves Odds Of Winning
$710K Lottery Jackpot: Mass Trust Claims Prize After Game Redesign Improves Odds Of Winning A whopping $710,000 jackpot prize has been claimed by a Massachusetts trust, lottery officials announced.  The winning Megabucks ticket was sold at a Bristol County store for the drawing on Wednesday, May 22, and claimed by the Coogan Smith 2024 Clients' Trust One, Massachusetts State Lottery officials announced on Wednesday, July 3.  The trust, which was represented by trustee Stephen Withers Jr., chose to receive the cash option and was sent a one-time payment of $710,000 before taxes.  The winning ticket was bought at Pick 'N Pay located at 54 South Washington St. in…
Gift That Keeps Giving: Lucky For Life Lottery Ticket Worth $25K Sold At This CT Supermarket Gift That Keeps Giving: Lucky For Life Lottery Ticket Worth $25K Sold At This CT Supermarket
Gift That Keeps Giving: Lucky For Life Lottery Ticket Worth $25K Sold At This CT Supermarket A lucky shopper at a Connecticut supermarket walked away with much more than groceries, lottery officials announced.  A second-prize-winning Lucky for Life ticket was sold in Litchfield County for the drawing on Sunday, June 23 at the Big Y supermarket in New Milford at 1 Kent Rd., according to the Connecticut Lottery Corporation.  The winning numbers were 3-5-23-43-46.  The winner will now receive "For Life" prizes for the rest of their life, lottery officials said, adding that at a minimum, 20 years of payments are guaranteed but that payments could last much longer d…
Newly Minted Millionaire: $1M Ticket Sold In Feeding Hills Newly Minted Millionaire: $1M Ticket Sold In Feeding Hills
Newly Minted Millionaire: $1M Ticket Sold In Feeding Hills A $50 lottery ticket paid off 20,000 fold to one lucky Bay Stater when they won a $1 million prize in the Massachusetts State Lottery. The winner created a trust called the Feeding Hills Trust of Quincy to collect the prize and protect their identity.  The winning scratch-off ticket was from the "Billion Dollar Extravaganza" game. Three $2 million prizes and three $1 million winning tickets remain in circulation in the $50 game.  Related: How David Spillane Became The Face Of The Mass State Lottery David Spillane, an attorney representing the trust, collected the check.&n…
Massachusetts Inches Closer Toward Legalizing Sports Betting: Report Massachusetts Inches Closer Toward Legalizing Sports Betting: Report
Massachusetts Inches Closer Toward Legalizing Sports Betting: Report Massachusetts is one signature away from becoming the 31st state to legalize sports gambling thanks to an overtime compromise between state leaders, reports said. Coincidentally, it could be here before the NFL season starts next month.  Legislators in Boston approved the betting bill early Monday morning, Aug. 1, hours after the midnight deadline. Speaker of the state House Ron Mariano tweeted that his team and Senate leadership had struck a deal after nearly a year of arguments.  I am proud to announce that the Sports Betting Conference Committee has reached an agreement on legislatio…
COVID-19: CT Executive Order Limits Groups To Five, Restricts Restaurant Protocols For Pickup COVID-19: CT Executive Order Limits Groups To Five, Restricts Restaurant Protocols For Pickup
Covid-19: CT Executive Order Limits Groups To Five, Restricts Restaurant Protocols For Pickup Tighter new restrictions have been put in place for gatherings and other personal interactions that are scheduled to last at least a month during the novel coronavirus (COVID-19) pandemic under an executive order by Gov. Ned Lamont. Gatherings are now limited to five people (reduced from 10) in the order, that will last at least until Thursday, April 30. Lamont also ordered restaurants to take better control of take-out foot traffic and told gun shop owners they can only open for customers by appointment. "Where reasonably practicable, the order requires restaurants, eating establishm…
'Sin' Taxes, Long-Term Solutions In CT Gov's Proposed State Budget 'Sin' Taxes, Long-Term Solutions In CT Gov's Proposed State Budget
'Sin' Taxes, Long-Term Solutions In CT Gov's Proposed State Budget  In his first proposed state budget, Connecticut Gov. Ned Lamont called for an overhaul of the state’s sales tax system, “sin” taxes and laid out ways to start digging the state out of debt. On Wednesday, Feb. 20, in the Hall of the House of Representatives in the State Capitol, Lamont discussed his proposed budget, a two-year, $43.1 billion taxing and spending plan. The budget includes a “sin” tax levy on a variety of products, including alcohol, sugary drinks, plastic bags and vaping products. Single-use plastic bags would come with a 10 cent tax, while wine and liquor will include a…