Lumberton From United States of America, joined Jul 2005, 4708 posts, RR: 19
Reply 12, posted (10 years 3 months 2 weeks 6 days ago) and read 2327 times:
Classic "good news, bad news" story. She is totally out of luck.
With respect to using credit cards for lottery purchases, aren't most transactions small, like $1 & $2? Would be a major pain for the banks and credit card companies.
Slightly OT, I've heard the lottery described as a "poor tax". Think about it...you can't get away (politically) with extending the state income tax to encompass all the lower income people, but you can have a lottery. Not only is there no real political uproar, but it generates hundreds of millions in revenues. Is this clever or what?
"When all is said and done, more will be said than done".
TNboy From Australia, joined Mar 2002, 1131 posts, RR: 18
Reply 13, posted (10 years 3 months 2 weeks 6 days ago) and read 2327 times:
Dont think there's any problem buying lottery tickers with a credit card in Australia. The only issue with some retailers is that the price of a ticket is less than the minimum spend, so you may have to buy a couple - or else a lottery ticket and some magazines, etc.
LTBEWR From United States of America, joined Jan 2004, 13771 posts, RR: 17
Reply 14, posted (10 years 3 months 2 weeks 5 days 22 hours ago) and read 2316 times:
She probably bought several dollars worth of lottery tickets or it was part of a purchase of other items. Apparently the first payment of about $33,000 was already made (a $1 million anunity over 20 years, after taxes) and the cops are looking for it and apparently have to give that money back. She was using a credit card from a dead relative and somehow was able to keep the account open (shouldn't the bank that issued the Credit card have cancelled the card when they found out the original person to whom it was issued to was dead?). Apparently this idiot was into drugs and had problems. The principal as to denying her payment is based on a law that gives governments the right to seize any items or assets that it was believed were purchased or paid for with proceeds from illegal income. Maybe Oregon will have a bonus payout week or add that money to the next jackpot drawing.
I bet next time she be sure to use cash when purchasing lottery tickets.
N1120A From United States of America, joined Dec 2003, 28855 posts, RR: 74
Reply 15, posted (10 years 3 months 2 weeks 5 days 17 hours ago) and read 2283 times:
Quoting Lumberton (Reply 12): Not only is there no real political uproar, but it generates hundreds of millions in revenues. Is this clever or what?
Except that their has been some uproar about just how much revenue is actually taken in. And remember, most states has as part of their lottery law that the revenue is supposed to go to schools
Quoting TNboy (Reply 13): The only issue with some retailers is that the price of a ticket is less than the minimum spend
Most retailers don't have a minimum spend amount in the US these days. The thing you have to look at though, is that it is probably the lottery paying the credit card expense, not the retailer, as the special machines used to process lottery tickets are also supposed to take the payment
Mangeons les French fries, mais surtout pratiquons avec fierte le French kiss
Bill142 From Australia, joined Aug 2004, 8499 posts, RR: 8
Reply 17, posted (10 years 3 months 2 weeks 5 days 7 hours ago) and read 2219 times:
Quoting Falcon84 (Reply 1): From the article, the legit owner of the card is dead.
So the winnings, like the debt, would be come part of the estate. The question is who is the owner of the winnings. If there was any fraud protection on the card then the issuer/insurance company could possibly lay claim to the winnings if a claim was made before the owner of the card found out about it.