So, if I pick up a winning lottery ticket that someone
> dropped on the ground; but I don't cash it, I have to pay
> tax on it anyway? What if I pick it up off the ground and
> throw it in the trash, does the loss offset the income?
You can continue to construct silly scenarios from now until doomsday but you won't change the law. By the way, losses on personal use assets are not deductible.
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