Romney: Palestinians do not want peace

[AVGWarhawk]

Originally Posted by jimbuna

That's a bit tough...here in the UK the winnings are tax free but once you take them out of a current account and make investments you pay tax on the interest.

Although I don't suppose that would be a major concern to someone who has just come into a mega sum of money.

I had a friend that won quite a bit. When he cashed in the state tax was figured on the spot and taken. Federal tax depends on the person making the claim at tax time. April 16th each year. You can imagine that does not happen for the small time winner. The mega-million winners are obviously scrutinized.