Manually select from 2 to 10 numbers between 1 and 70, or opt to use the Quick Pick system to automatically choose your numbers. Up to 5 selections of 2-10 numbers can be made on the ticket. The amount of wager for the games can be $1, $2, $5 or $10.ark one number in each of the 3 columns for the number of Boards you choose to play. If you would rather have the numbers randomly chosen for you, use the Quick Pick system. Next, select the amount you wish to wager, which is either $10, $5, $2, $1 or 50 cents for each Board played.
Posted November 17, 2008 6:16pm. Currently, for federal taxes, one person can give to another person up to $12,000 a year without paying gift tax and without having to file any tax return. One person can give to as many persons each up to the gift tax exempt amount as the giver wants (and can afford).
1 The annual gift tax exclusion amount is $14,000 for 2015. 2  In other words, you can give $14,000 or $14,000 worth of property to as many people as you want in a year's time, without needing to file a gift tax return in order to report the gift to the IRS. While you will still be required to file a gift tax return each of the 5 years, you may use $1,000 of your lifetime exemption each year, to exempt that $1,000 from gift tax. 2  At the end of the 5 years, you will have used $5,000 or your $5.43 lifetime exemption.