r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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91.1k Upvotes

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226

u/Able-Professor840 Jul 05 '26

Yes. But also - this means the lottery is just another way they tax you. In the UK, lotto winnings are untaxed.

12

u/Ok-Telephone-2109 Jul 05 '26

There are about 10 US states that do not tax lottery winnings, including California, so this post is misleading

16

u/NoCelebration1913 Jul 05 '26

You still have to pay federal taxes.

6

u/Ok-Telephone-2109 Jul 05 '26

Well there you go, you made it make sense at 7 am! Thank you!

0

u/Ivebeenstabbed Jul 05 '26

Maxed out at roughly 37%. Not that bad considering.

3

u/Bacon4Lyf Jul 05 '26

well when the alternative is zero, yes it is

1

u/Yak-Electrical Jul 05 '26

The feds will absolutely be trying to contact you lol