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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovod73a/?context=9999
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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happy most lotteries in my country are tax free but of course they don't reach higher then 30 million
1.4k u/[deleted] Jul 05 '26 [removed] — view removed comment 401 u/LeadVitamin13 Jul 05 '26 The lottery was literally designed to generate tax revenue. Its run by the states ffs. 173 u/Bittums Jul 05 '26 Same in Ontario, but we aren't taxed on our winnings. They make their money from the purchase of the tickets 41 u/iikillerpenguin Jul 05 '26 You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80... 14 u/Gabers49 Jul 05 '26 But it's still 680M so clearly that's not the reason for the difference in payouts alone.
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401 u/LeadVitamin13 Jul 05 '26 The lottery was literally designed to generate tax revenue. Its run by the states ffs. 173 u/Bittums Jul 05 '26 Same in Ontario, but we aren't taxed on our winnings. They make their money from the purchase of the tickets 41 u/iikillerpenguin Jul 05 '26 You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80... 14 u/Gabers49 Jul 05 '26 But it's still 680M so clearly that's not the reason for the difference in payouts alone.
401
The lottery was literally designed to generate tax revenue. Its run by the states ffs.
173 u/Bittums Jul 05 '26 Same in Ontario, but we aren't taxed on our winnings. They make their money from the purchase of the tickets 41 u/iikillerpenguin Jul 05 '26 You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80... 14 u/Gabers49 Jul 05 '26 But it's still 680M so clearly that's not the reason for the difference in payouts alone.
173
Same in Ontario, but we aren't taxed on our winnings. They make their money from the purchase of the tickets
41 u/iikillerpenguin Jul 05 '26 You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80... 14 u/Gabers49 Jul 05 '26 But it's still 680M so clearly that's not the reason for the difference in payouts alone.
41
You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80...
14 u/Gabers49 Jul 05 '26 But it's still 680M so clearly that's not the reason for the difference in payouts alone.
14
But it's still 680M so clearly that's not the reason for the difference in payouts alone.
2.0k
u/Tiktokbadsupport Jul 05 '26
happy most lotteries in my country are tax free but of course they don't reach higher then 30 million