Mega / Powerball

[longcast]

It’s disputing how much of that you actually get to keep.

In the end, if you get a 1/3, who cares at those numbers!!!

 

[jpd]

In the end, if you get a 1/3, who cares at those numbers!!!

LOL, you get 1/4 - it's sort of false advertising to encourage sales.

 

[longcast]

LOL, you get 1/4 - it's sort of false advertising to encourage sales.

Win, leave NYS (go to a NO tax state) and invest in municipals - NEVER pay income tax again.

 

[jpd]

New York State runs one of the most aggressive residency audit programs in the country, targeting individuals who change their official residency to lower-tax states. The New York State Department of Taxation and Finance focuses on two main rules to tax your worldwide income: domicile and statutory residency.

How New York Determines Residency

• • Domicile Test: Your permanent home. You keep your domicile in NY until you prove you abandoned it and established a new permanent home elsewhere with the intent to stay. You can only have one domicile.
  • Statutory Residence Test: Triggered if you keep a permanent home in NY for "substantially all" of the year and spend 184 days or more physically in the state. Any part of a day counts as a full day.

The Five Primary Domicile Factors
When evaluating a move, auditors weigh five core elements detailed in the state's nonresident audit rules:

• • Home: The size, value, and upkeep of your NY home versus your new home.
  • Active Business Involvement: Where you manage or work your primary business.
  • Time: The pattern and ratio of days spent inside versus outside New York.
  • Near and Dear: The location of high-value personal items, family heirlooms, artwork, pets, and exercise equipment (the famous "teddy bear test").
  • Family: Where your spouse and minor children live and go to school.

Common Audit Triggers & Digital Footprints

• • Moving to a state with no income tax (like Florida) while keeping a NY property.
  • Changing your address right on January 1st.
  • Auditors cross-reference E-ZPass logs, cell phone tower/GPS data, credit card charges, gym swipes, and social media geotags to rebuild your daily whereabouts.

 

[longcast]

New York State runs one of the most aggressive residency audit programs in the country, targeting individuals who change their official residency to lower-tax states. The New York State Department of Taxation and Finance focuses on two main rules to tax your worldwide income: domicile and statutory residency.

How New York Determines Residency

• • Domicile Test: Your permanent home. You keep your domicile in NY until you prove you abandoned it and established a new permanent home elsewhere with the intent to stay. You can only have one domicile.
  • Statutory Residence Test: Triggered if you keep a permanent home in NY for "substantially all" of the year and spend 184 days or more physically in the state. Any part of a day counts as a full day.

The Five Primary Domicile Factors
When evaluating a move, auditors weigh five core elements detailed in the state's nonresident audit rules:

• • Home: The size, value, and upkeep of your NY home versus your new home.
  • Active Business Involvement: Where you manage or work your primary business.
  • Time: The pattern and ratio of days spent inside versus outside New York.
  • Near and Dear: The location of high-value personal items, family heirlooms, artwork, pets, and exercise equipment (the famous "teddy bear test").
  • Family: Where your spouse and minor children live and go to school.

Common Audit Triggers & Digital Footprints

• • Moving to a state with no income tax (like Florida) while keeping a NY property.
  • Changing your address right on January 1st.
  • Auditors cross-reference E-ZPass logs, cell phone tower/GPS data, credit card charges, gym swipes, and social media geotags to rebuild your daily whereabouts.

I see what prompted your response. Win, pay your taxes and THEN leave for good to reduce future taxation, both fed and state.

I have a few cases on the issues you mentioned. Most are going my way at this point.

 

[Bassmaster]

Going up to play soon

 

[Bassmaster]

1 billion

 

[jpd]

 

[JackPrintMD]

View attachment 118677

I’m in. I’m gunna …………..

 

[Chevy1]

I’d be happy if I could pay off my house and the little debt I do have.

 

[jpd]

Ugotz for NY....

 

[longcast]

Ugotz for NY....

View attachment 118687

My ticket were worthless, lol.

 

[jpd]

My ticket were worthless, lol.

I haven't checked yet - I bought 2 with DoublePlay so I've got these numbers to win as well.

3-4-19-21-58 PB 8

 

[Chevy1]

I won $4 two weeks in a row so I’m only down $12

 

[cany]

My ticket were worthless, lol.

Same here