Comments
Justforthenuews t1_jawy6j1 wrote
You can go to other states to buy their lotto, it’s not illegal in any way. If you set this up as a business, you probably wouldn’t have that much clientele after a few time of you just saying “no wins, better luck next time!” as a matter of course.
ArOnodrim t1_jawybqm wrote
As a business strategy, just build in a transfer of only half the winnings because the money is only part of the job.
laineDdednaHdeR t1_jax0aot wrote
>Like it sounds scammy to me.
Because you literally just described a scam. I'm not judging you, but stating a fact. And this is why we wonder how those in power get corrupted.
angrymoderate09 t1_jax0e0y wrote
IF LEGAL?
There's fees to transfer money, so buyer would have to surcharge some level of fee... And then other expenses and profit.
But i could easily see someone scamming people... Buying one ticket and sending the same pic to 100 people who thought it was their exclusive ticket.
Shit could get shady fast, so I'd assume it's not legal.
mallolike t1_jax1epb wrote
You won 3 million dollars! - the online agent probably
Icyrow t1_jax22cr wrote
you'd have to be the one picking the numbers if you're buying from the business.
[deleted] t1_jax8np1 wrote
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[deleted] t1_jax8qmh wrote
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jusmellow t1_jaxcfzr wrote
So only one company can do it? That's like saying Target already sells clothes so why bother opening a clothing store.
the-magnificunt t1_jaxgtqo wrote
Congratulations, that $1.5 million was such a great win!
BarneyRubbleRubble t1_jaxh6nw wrote
I live in aus and I have used them before, the lotto over there gets 100x bigger than here.. Odds are about the same, ticket price is the same..
nadudewtf t1_jaxieug wrote
“Amazing! After taxes, you’ll make off with $700,000”
lazarus870 OP t1_jaxkx1u wrote
Any you can recommend?
BlurLove t1_jaxl09i wrote
There is almost certainly federal law regulating this kind of situation. You can’t just send an amount that large overseas without declaration. It may be entirely unlawful to do so if the recipient, or their location, is subject to foreign asset control status.
Also, somebody likely owes some taxes, and it doesn’t matter whether he/she is stateside. Tax jurisdiction attached to the money the moment it was won.
BlurLove t1_jaxl7qk wrote
Interstate commerce will differ from international commerce. The first has significantly lower barriers (freedom to do business between states, and travel between them). The second is tightly regulated.
BarneyRubbleRubble t1_jaxldqs wrote
The lottery office. Google play store
AwesomePerson70 t1_jaxnnw7 wrote
I think they mean the opposite of that. There’s a company legally doing it already which means there’s legal ways for someone new to do it
maratnugmanov t1_jaxt6vn wrote
Here you go 700,000 Iranian dinars. 1:1 exchange all fair.
SeiCalros t1_jaxu91c wrote
they are saying first that its legal - and also that there are already people doing
Look_to_the_Stars t1_jay24cz wrote
/r/yourjokebutworse
PuckSR t1_jay27g2 wrote
Pretty simple to keep honest. You assign me to buy a lottery ticket with numbers 1,2,3,4. I buy the ticket. You check the winning numbers.
This is why it works for lottery tickets but not other forms of gambling. The results are published
Justforthenuews t1_jay2n7y wrote
Doesn’t affect lotteries from what I can tell, weirdly. I just googled a half dozen I know off the top of my head and they all said that as long as the ticket is purchased in the state (some required it to be claimed locally too). There doesn’t seem to be any other hard factors, including nationality, country of residence, or anything else that would seem relevant that I could find in a cursory search.
puddinfellah t1_jay2oq2 wrote
Well, if that were true the lottery themselves wouldn’t have any customers lol
Justforthenuews t1_jay3lt3 wrote
Lotteries give you a hard copy of your numbers and publicly draw the winning numbers. This person’s hypothetical business model implies they don’t actually give the numbers at all to the end client so they can lie to winners and pocket any winnings.
SnowmanAi t1_jay54n1 wrote
It's a common joke to reply to someone with a lower number. It's a reference to a popular post joking about police stealing drugs incrementally.
CandidInsurance7415 t1_jay5tzu wrote
I think you mean IRS agent
xvier t1_jaya6b0 wrote
Not exactly. With Jackpocket, you can only purchase tickets for the state you are located in. And Jackpocket is only available in certain states - they have physically locations for each state they operate in, buying tickets per order.
[deleted] t1_jaybuiy wrote
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EvilioMTE t1_jaycv8k wrote
And it's so unbelievably tired and a played out.
xvier t1_jayd0pe wrote
That's true. Autoplay works out of state because you set it up & turned it on while in the state that sells. It's like the one loophole.
[deleted] t1_jayd91l wrote
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miraculous- t1_jaydiye wrote
But the chances of winning is that much lower
KairuByte t1_jaydnos wrote
Until that one ticket wins, and everyone is looking to collect their millions.
Raptorheart t1_jayet6x wrote
Right up your alley
BlurLove t1_jaylen7 wrote
Take a look here. The issue isn’t buying the lotto ticket. The issue is sending the winnings overseas.
edit: more detail
Foreign asset control at the federal level is the regulation. You don’t have a fundamental right to send things or money out of the country. Only as allowed by law.
BaconFairy t1_jaylnoz wrote
They should make non state residents unable to claim? Not sure how to make this right
Thecna2 t1_jaytvah wrote
People purchasing lottery tickets are mainly buying 'hope', not playing the odds in any calculated way.
Thecna2 t1_jayu2ht wrote
but the money comes from the people who buy the tickets, wherever they are, the more people you can access, the more money you can put in the jackpot.
Obnoxiousdonkey t1_jayymq1 wrote
Says the guy who only links a subreddit as a response
LassoTrain t1_jaz0l8z wrote
Is alley a euphemism here?
LassoTrain t1_jaz0nb4 wrote
Different guy, or busy popsucket.
opiate_lifer t1_jaz38s2 wrote
I have non US friends who were absolutely floored lottery winnings are taxed in the US, looking into it not all nations tax lottery winnings.
lazarus870 OP t1_jaz6ipt wrote
They don't here in Canada. But they top out around 70 million, not over a billion, lol.
Xannin t1_jazddqp wrote
What makes it a scam?
laineDdednaHdeR t1_jazdr33 wrote
Someone pays you to buy them a lottery ticket. That lottery ticket wins millions. And instead giving that person the winnings, you just run away with it and leave them high and dry.
How is that not a scam?
Xannin t1_jazgujc wrote
I thought you were just referring to the transaction prior. I think they were talking about that part being scammy.
Informal_Baker t1_jazig5z wrote
An international wire is like $25. Basically free if your sending 6 million.
Your going to shafted more on the hourly exchange rate changes then any kind of transfer fee.
[deleted] t1_jazvwme wrote
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V6Ga t1_jazxfmp wrote
I am sorry to have to give you no credit for this answer as you did not state your units.
BetterNothingman t1_jazzkg3 wrote
Am an Oregonian. Never seen anyone win state lotto in 37 years (aside from state sanctioned slots for a few hundred). But foreigners do? Go to a casino, your odds are actually higher
angrymoderate09 t1_jb01gy9 wrote
I was talking more about the 239,839,384 times you don't win. So $25 fee on a $10 ticket is $35.... Plus your time, profit, taxes, etc.
EvilioMTE t1_jb05okc wrote
My doctor agrees with the above statement if that's so
Budget_Bad8452 t1_jb0c1ym wrote
Where I'm from you have to be physically in the province to legally participate
laineDdednaHdeR t1_jb0m7nu wrote
Then he should learn to break up his paragraphs better.
Informal_Baker t1_jb0ucoc wrote
You pay for the ticket with a debit card on Visa or MasterCard network, 3% at the absolute horrifically worst then get your winnings wired. So like $10.30. Once again, you're going to loose A LOT more on exchange rate changes than any money moving fee.
SteelyDan1968 t1_jb1742z wrote
So, he's one 4 out of 5 Doctors?
SteelyDan1968 t1_jb1847e wrote
You can buy a Powerball/Mega Millions in other states. But, you can't cash them out in the state where you are at. If I bought a PB/MM in Texas and drove home to Chicago, and I found out that I won, I would have to go back to Texas to get my winnings. The systems are different.
happykittynipples t1_jb2d2cz wrote
You won Zero dollars! - the online agent more probably
[deleted] t1_jceu0ts wrote
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jusmellow t1_jawut05 wrote
This is interesting. I didn't even know that was legal. I am now considering opening a business buys lottery tickets for non-citizens/non-residents. I never would have thought of that as a business idea, because I assumed only people in the State can buy the State lottery (citizens of said state)
Edit: just wanted to add -
Like it sounds scammy to me. If I bought someone else's lottery ticket for them and it was a winner winner chicken dinner worth 6.7 million.... well, not me, but someone weaker than me might ya know....not tell him it won and keep it