Have you ever dreamed of winning the lottery? I'm sure that everyone dreamed at least once in their life. Often there are news about lotteries on the media: who won, how much won, the winning tax, etc. Personally, I had a problem with the traditional lottery system, because I lost my lottery ticket, until the time when the winning numbers came. I understand that my ticket was with an extremely low chance of winning, but sometimes I get annoyed by the repetition that if it was a win. Despite these thoughts, I was already trying to find him and had to admit that he disappeared forever. This may seem like a simple advice, but in order to win the lottery, you need to buy a ticket. You will be surprised how often players do not. Probably the one who bought the won Powerball ticket before the jackpot in the amount of $ 758.7 million in Chicopee, will soon arrive in Massachusetts to get the prize money. But over the past 15 years, five winners of winning tickets have not been able to announce their winning jackpots Powerball or Mega Millions. These unclaimed prizes range from $ 31 million for a ticket purchased in Queens, New York in August 2006, to $ 77 million for a winning ticket purchased in June 2011 in Georgia. These prizes have since disappeared, so even if someone found winning tickets today, they were unlucky. Five unclaimed prizes do not include the winner of the Mega Millions draw for $ 393 million on August 11, 2017, which still has plenty of time to collect. This question has basic answers to it, people lose or forget their lottery ticket. Most of these lotto systems in different countries also have a validity period (I do not understand why, since it is not going to decompose)
Jackpot Powerball is 1.5 billion dollars. USA and grows, easily taking off to the biggest lottery prize of all time, which actually raises the cost of one ticket.
But if the winner is not a Puerto Rican (no federal income taxes or a territorial tax on gambling gains), he will also probably have to pay taxes of the same historical value.
There are many misconceptions that float around the taxation of lottery prizes. And the truth is that the problem is complex, not just because many consider the lottery a regressive tax, but because the amount that taxes pay depends on several different factors, primarily on where you live. Most of the stories about lottery prize taxes emphasize the federal income tax, holding 25% for the winners. But in reality it is not the highest level of federal income tax. Large jackpots are instead taxed at 39.6%. Wow 40% !, Maybe the winner can be happy to have 60%, but most people will say it's a lot. What about a claim for ownership of the winnings? This is so common that law firms provide information about different cases and how to deal with it.
These problems can be solved using a lottery system based on the blockchain system. You do not need to worry about losing tickets, or someone is trying to steal your winnings, because it is safe on the platform. Players do not have to go through a lawsuit for ownership of the winnings, because the winnings from your account. The prize fund will be higher, because you do not need to pay high taxes (as far as I know) from winning a lottery with a blockchain. Most of the money from ticket sales will be placed in the prize fund, unlike the traditional lottery system. I believe that many consider this a promising area, so more than a dozen projects were launched to compete with each other. Today I want to introduce another strong competitor in casino gambling. This team worked hard to prepare a working platform, and most of the others asked for an investment without it. The project is called Truegame
The team explains that with blockchain technology they can provide full transparency in the gaming industry due to the generation of a random number, without manipulation, etc. The openness of the winning result ensures to the players that the game is level and they have a fair chance of winning. Automatic distribution of winnings can be another advantage for the players. Since there is heavy competition in gambling blockchain and casino, only a few teams with a quality product will survive. Nevertheless, heavy competition also indicates that the market looks promising. The market of online gambling is constantly growing. That's why marketing strategy is important. I personally saw that these ICOs without any results increased their stock prices through viral marketing. On the other hand, there are projects with an excellent team and product that do not contribute to the promotion of their products, ending in the minds of people. Marketing is the most important element for the implementation of the project. The Truegame team seems to understand this, because they allocate 45% of the collected funds to attract players and marketing. The team plans to practice media advertising, affiliate marketing, e-mail marketing and social media marketing.
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Name of the token: TGAME
Price 1 ETH = 9,250 TGAME
Platform: Ethereum
Accepted: ETH, BTC, LTC
Minimum investment: 0.1 ETH
Software: 2,000,000 USDT
Hardcap: 9,000,000 USDT
Country: Costa Rica
Tokens will be used for bets, jackpot and commission. The owners of the tokens will receive a monthly commission of 10%, and the team is still working on the best method of distribution. Investors should realize that 10% are really important. There are many coins that give interest to their holders of tokens. I put my Ether in Bankera in one of the coins, which rewards the tokens owners with a week's interest. This may sound excellent, but the interest rate is nothing more than a traditional interest rate. This disappointed me, since the interest rate will not rise sharply. On the other hand, the regular interest of TGAME can increase as more players participate in the platform. If this project continues in a competitive market, there will be more players, which also means more interest for TGAME owners.
Investors can take two positions on this project:
Long-term investments - because of the standing commission that comes from the tokens that investors buy, long-term investment would be beneficial, as I explained in the previous paragraph.
Short-term investments - when the token is listed on stock exchanges, if the platform receives more players, the value of the marker will grow for short-term investments.
Truegame is unique compared to others. As I said, the casino and gambling market is full. There are many competitors, and some of them will not survive in the end. Truegame already has a decentralized product, which means that the house can not control the winnings. This makes people think that games are more fair and transparent. It is important that the team has already launched a fully working platform, unlike the others on the MVP or development stages. There are some projects that do not have products ready before their ICO. This is great for Truegame investors, because we can test and evaluate the product before investing money. In addition, the commission is also not high and paid for by the platform, not by the client.
Summing up, I can say that the team knows where they are striving and doing the right work on their project, will soon see casinos and lotteries with their primacy!
I want to advise you to read the official website and technical document to make sure that the project has a future! Let's wish success to the team! Thank you for your attention, join my blog and comment! I will be very happy! Good luck!
More information can be found here:
WebSite: https://ico.truegame.io/
White paper: https://ico.truegame.io/docs/whitepaper_en_v5.pdf
Bounty Thread: https://bitcointalk.org/index.php?topic=2990314.0
Twitter: https://twitter.com/truegameSRL
Facebook: https://www.facebook.com/truegame.io
Telegram: https://t.me/truegame_chat
ANN Thread: https://bitcointalk.org/index.php?topic=2947906
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