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The Nexus
CRIMEAug 15 · 09:00 UTCFORTUNECatherina Gioino

Some gamblers are buying losing lottery tickets on eBay as a way offset taxes on their gambling wins

Some people are listing worthless losing lottery tickets on eBay, sometimes for explicitly promoting tax deductions. Accounting professor Jeffrey Hoopes stated that such an effort is a clear example of potential tax fraud. While IRS regulations allow losses to be deducted only by filers who itemize and keep records, the sale of these tickets raises questions about proper use.

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Some gamblers are buying losing lottery tickets on eBay as a way offset taxes on their gambling wins · The Nexus