AMFC will maintain individual federal and state taxation
codes to determine what amount of taxes are owed by winners of various states by law.
AMFC will automatically deduct federal and state taxes owed to states
where winners are chosen. AMFC will also deduct the surcharge amount of $10,400
at this time.
Because AMFC is a non-profit corporation, we can legally sell drawing tickets as a way to support our organization. Because of this ruling we will send you a donation receipt at the end of the tax year so that you may deduct the amount you paid to be entered into our weekly drawings. Each year that you are entered into our drawing, (including the $10,400 paid over ten years to winners) you may take a tax deduction of $510.00 per year.
Increase your chances of winning, you can have more than one account, but you can only win one time!
We suggest that you enter other members of your families that may not be able to afford or otherwise choose not to be entered for a chance to win.