ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, April 1, 1994                   TAG: 9405120210
SECTION: VIRGINIA                    PAGE: B-3   EDITION: NEW RIVER VALLEY 
SOURCE: Associated Press
DATELINE: RICHMOND                                 LENGTH: Short


COURT SAYS AUSSIES MUST PAY TAXES FOR LOTTO

An Australian syndicate will have to pay federal and state taxes on its $27.6 million Lotto jackpot, a federal appeals court ruled Thursday.

The 4th U.S. Circuit Court of Appeals said a lower court "overstepped the bounds of its jurisdiction" in barring the state and federal government from collecting taxes on the 1992 winnings.


Memo: See microfilm for text.

by CNB