Anyone ever read 1984 by George Orwell? I wonder if Bitchin4.6 really exists. In the book the government had lotteries, and whenvever someone won, it was always someone no one knew. The government just invented the winners and kept the money for themselves. Do you really exist Bitchin4.6, errr BitchinRoushLightning?
Congradulations, Bitchin4.6, and welcome to F150online.

PS I once won a free carpet cleaning for one room at the state fair once. Forgot all about it, so I didn't have to pay taxes on it.
I forgot to ask, what kind of contest was that?
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99 Black Lightning
created 8/17/99, bought 9/25/99
#3681/4000
CD changer, Tow package, factory tonneau cover
100k mile warrantee, bed/under liner, paint protected


[This message has been edited by Tundra (edited 02-29-2000).]

 

Congratulations! $5000.00 out to cover the taxes. $1500.00 out to cover the first 6 months insurance! Since you enter every contest I'm glad you won those prizes instead of a free dinner at Dennys.

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99 F150 XLT Supercab Towing Package 5.4L Auto Two Tone Med Toreador Red/ Silver Power windows, locks, mirrors, driver's seat. Cruise, tilt wheel Alloys, Michelins, ARE topper Superchip / 2000 Chevy Silverado Ext cab 5.3, auto, Tow package, tilt, cruise, power windows,locks,side mirrors, alloy wheels.

 

The most I ever won was a 27 inch color tv... I was struttin around like a pea**** in heat!. If I won 2 trucks and 5G, I'd POP!!
Drive fast and take chances, er,, I mean drive nice and treat em well, er, I mean, I'M ENVIOUS!!!! CONGRATS!!

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"99" F-150 4x2,ext, med red / silver, 4.2L, auto, 3.55's, 265x16's premium snd w/cd, 4 wheel antilocks, leer "too heavy" matching cap, Mobil 1.

 

uh-oh tundra's on me.................just kidding.thank you all again for the tax advice and congrats.

P.S. I'm leaving at noon and picking my son and my up to get my trucks and the cash!

 

You'll need to pay sales tax as well as IRS tax. Look out.

 

Congradulations!!!

But you can count on about 30% of the value for the IRS. (the value will probably bump you up to a higher tax bracket) So estimating the value at around 65k, That would make the taxes right around $19,500.

I know becuase I got a cash sum payment a few years ago and tried to prepare in advance for the situation, but still ended up owing the IRS about 11K. Ouch.




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Chris Thomas
1998 F-150XLT Flareside STX Sport Package, 4.6L Auto 3.55 Oxford White/Gray interior, Factory Anti-theft system
Picture: http://216.147.104.171/Y2K/members/ChrisT/christ1a.jpg
Homepage: Chris & Brandi's Universe
Mods: A.R.E. Decklid/Oxford White with gray fabric liner, K&N filter with Airbox Mod (removed silencer), Lowered 3" front/5" rear, Tinted Windows, GTS sloted taillight covers (painted Oxford white to match), Removed STX stickers
Audio: Kenwood Truck speakers with 10" woofers, Rockford Fosgate and Alpine Amps, Ford 10 disk CD changer
Future Mods: 20" rims and tires, True duals with Supertrap tunable mufflers, Superchip, Supercharger, Jacobs Ignition, and whatever else I can think of!!!

 

You could probably sell one of 'em (I know, perish the thought), pay the taxes, and still come out way ahead.

 

I won $2 on a lottery scratch-off. At that point I decided to cut my losses!

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'98 4.6 5-sp F-150
We've come for your Tundra.

Where we started.
After a facelift.
A 2" drop!

F-150online Photo Album

trixters-playground@excite.com
Truckin' Magazine!

 

Yea, you'll probably have to pay sales tax and license when you pick them up. Then income tax later. Unfortunately, they'll use the full sticker price and not what you could have probably bought them for. But hey, everyone paid taxes on the money they used to buy their trucks, so a 'free' one or two sounds like a good deal!

 

I'm kind of interested in the tax situation Bitchin4.6 experiences. Two people I know who have won cars have had to fill out the tax forms and pay the federal taxes BEFORE they were able to take the cars home.

One guy had to borrow from his parents to pay the taxes on a Jeep he had won.

 

I'm sorry, still a little naive here, what kind of contest did you enter, Bithin4.6?

 

I knew of some people here in Oklahoma who won an S-10 two years ago. Only had to pay excise when they tagged it. Your method of taxation will vary, state to state. I say enjoy.

 

I hope the contest was not sponsored by Revell-Monogram!



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'00 WHITE/GOLD F150 LARIAT FlareSide SC 5.4 Auto 3.55 LS
Black Westin Nerfs, White Prime Design BugShield,
White Vtech Taillight Covers, K&N Air Filter,
Leather Captain's Chairs (like a screen door in a submarine!),
and all the Lariat goodies
SOME SHOW and a LOTTA TOW
My am E, Fl *** Member of ??? Ford Group




[This message has been edited by rmarietta (edited 03-03-2000).]

 

He still has the five grand.

 

I don't really know why but my B.S. detector is going off again. While I'd be delighted for anyone to win anything - there sure is a distinct lack of details here....

Call me 'Doubting Thomas'

Tom in Tacoma

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1998 F150 XLT S/C 4.6L Auto, 3.55LS, 4X2, Moonlight Blue, all the factory bells & whistles except for leather seats. Lund Deflector, Lund Premier Tonneau, K&N, Body-color painted Throttle Cover, blue wire-looms, Pentaliner S/R, Window tint, factory side-steps, Infiniti component speakers up front, Polk Audio speakers in back, Superchip, Flowmaster 'Delta-Flow' w/ 3" pipe. On the way - Clear turn signal lenses. Tom in Tacoma (Washington not Toyota)
Go check out http://communities.msn.com/SS97FordsPics for the second best website for F150's