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A comment on Ask HN: Why doesn't somebody buy every combination of the Powerball?. Parent comment

Re:Ask HN: Why doesn't somebody buy every combination of the... by toomuchtodo on Sunday January 10, 2016 @02:48PM (#10876830)
How much in losses can you write off from the losing tickets against your winnings?
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Re:Ask HN: Why doesn't somebody buy every combination of the... by loumf on Sunday January 10, 2016 @03:20PM (#10876998)
At that level, probably none:

http://www.fitz-cpa.com/gambling.aspx#GM7

Once you are in AMT territory, you lose the deduction.

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