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Originally Posted by Scav
It depends how you bet it. If you bet a $2 tri ticket 9/8/3 cold, it wins, and pays $650, you are signing. If you played that same ticket for $1 two times, you are not signing.
It is 5k on a $1 or $2 bet that has automatic withholding, they do not make you sign for 5k if you have a 2k win ticket on a 2/1 and it wins.
Bottom line is to make sure you play exotic tickets for lowest denomination possible and hit the ticket multiple times.
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that 5k automatic tax withholding is a big hit. 25%