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Politics : PRESIDENT GEORGE W. BUSH

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To: JDN who wrote (415006)6/14/2003 7:03:36 PM
From: Ish  Read Replies (2) of 769669
 
Question for a CPA. I see people buying lottery tickets and the winners always cash them in quickly. Now say a person buys a winning ticket on June 12, hits the numbers June 14, waits until June 13 the next year to cash in the ticket, would that be considered capital gains?
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