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Abiskan Moon-Angel
09-29-05, - 05:30 PM
:what:
New American's dream lottery win

Moses Bittok had a very good day on Friday.

Kenyan immigrant Moses Bittok received an unexpected reward for becoming a United States citizen when he became a millionaire on the same day.
After being sworn in as an American citizen after waiting for 16 years, he popped in to a store to check a lottery ticket and discovered he had won.

"It's almost like you adopted a country and then they netted you $1.8 million," the 40-year-old said on Monday.

"It doesn't happen anywhere - I guess only in America," he added.

The good news came straight after he had taken his oath of US citizenship.

He said his wife, Leonora, screamed upon learning the news, but he added: "Somehow, I am calm".

Mr Bittok took his oath at the Federal Building in Des Moines, Iowa, on Friday.

Afterwards, he and his wife stopped at a petrol station to check the winning numbers in the Iowa lottery draw on 21 September, which he had entered.

Speaking at a news conference, Mr Bittock said the money would not change him and his wife, who is a nurse.

Apart from spending money on doing up their house in Iowa, Moses and his wife will help their family back home in Kenya, whom they still have not told about their good fortune.

Mr Bittok, who works at a correctional institute, says he will also put aside money to educate the couple's four-year-old daughter.

Tafadhali
09-29-05, - 05:32 PM
:what:
New American's dream lottery win

Moses Bittok had a very good day on Friday.

Kenyan immigrant Moses Bittok received an unexpected reward for becoming a United States citizen when he became a millionaire on the same day.
After being sworn in as an American citizen after waiting for 16 years, he popped in to a store to check a lottery ticket and discovered he had won.

"It's almost like you adopted a country and then they netted you $1.8 million," the 40-year-old said on Monday.

"It doesn't happen anywhere - I guess only in America," he added.

The good news came straight after he had taken his oath of US citizenship.

He said his wife, Leonora, screamed upon learning the news, but he added: "Somehow, I am calm".

Mr Bittok took his oath at the Federal Building in Des Moines, Iowa, on Friday.

Afterwards, he and his wife stopped at a petrol station to check the winning numbers in the Iowa lottery draw on 21 September, which he had entered.

Speaking at a news conference, Mr Bittock said the money would not change him and his wife, who is a nurse.

Apart from spending money on doing up their house in Iowa, Moses and his wife will help their family back home in Kenya, whom they still have not told about their good fortune.

Mr Bittok, who works at a correctional institute, says he will also put aside money to educate the couple's four-year-old daughter.

i wonder did they make him a citizen in order for him to be subject to pay that 40% gift tax on the money.
hmmmmmmmmmmmmmmmmmmmmmmmmmm
none the less im happy for dude

Abiskan Moon-Angel
09-29-05, - 06:23 PM
i wonder did they make him a citizen in order for him to be subject to pay that 40% gift tax on the money.
hmmmmmmmmmmmmmmmmmmmmmmmmmm
none the less im happy for dude


Imposible! he attained citizenship BEFORE he knew he had the winning numbers!

Tafadhali
09-29-05, - 06:26 PM
Imposible! he attained citizenship BEFORE he knew he had the winning numbers!

...you got jokes!
you have to be a citizen before you can pay the taxes (but I am listening to you)

canesfins
09-29-05, - 08:48 PM
No, you dont have to be a citizen to have to pay US taxes. US residences also have to pay US income, gift and estate taxes. Also, even if not a US citizen or a US resident, he would have to have 30% witholding tax on the US source income. If you have any US tax questions, just ask.

CG
09-29-05, - 09:11 PM
No, you dont have to be a citizen to have to pay US taxes. US residences also have to pay US income, gift and estate taxes. Also, even if not a US citizen or a US resident, he would have to have 30% witholding tax on the US source income. If you have any US tax questions, just ask.

Sounds about right. Tell me, would there be a "wind fall" tax on his winnings? Do they have such things in the States? :)

canesfins
09-29-05, - 09:19 PM
I am not sure what yo umean by windfall tax, but I am not aware of such a tax.

CG
09-29-05, - 09:27 PM
I am not sure what yo umean by windfall tax, but I am not aware of such a tax.

I am thinking back to my UK tax days. When one gets some extra surprise income, it is considered a "wind fall" and is taxed at a higher rate than ones usual rate. A wind fall could (I don't know if it still hold true) be taxed at anything up to 99%!

canesfins
09-29-05, - 09:29 PM
No windfall tax in the US, but there are graduated rates, the more you make the higher tax rate you are at, the lottery winner will be in the highest income tax bracket, which I think is around 35%.

CG
09-29-05, - 09:41 PM
No windfall tax in the US, but there are graduated rates, the more you make the higher tax rate you are at, the lottery winner will be in the highest income tax bracket, which I think is around 35%.

Well, I guess that is not too bad! Thanks for the info' But should not the government pay 35c for the cost of the ticket? lol, lol :)

Abiskan Moon-Angel
09-30-05, - 04:03 AM
...you got jokes!
you have to be a citizen before you can pay the taxes (but I am listening to you)

:duh: hey thats true! forgive im in bed with a flu! :wipe: