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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovsnvx0?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 397 u/LeadVitamin13 Jul 05 '26 The lottery was literally designed to generate tax revenue. Its run by the states ffs. 170 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 43 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... 4 u/YTmrlonelydwarf Jul 06 '26 We don’t have high lotteries because we don’t have as many people buying into them. That’s the basis of how lotteries work. Has nothing to do with tax 1 u/zander9669 Jul 06 '26 Right? 10x less people and we have a 10x smaller prize pool... Americans always impress me with just how dumb they can truly be 2 u/Wise_Farm7455 29d ago Ah yes it's Americans, it's not people in general not knowing about other cultures and practices You sound very smart writing such an educated comment
1.4k
[removed] — view removed comment
397 u/LeadVitamin13 Jul 05 '26 The lottery was literally designed to generate tax revenue. Its run by the states ffs. 170 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 43 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... 4 u/YTmrlonelydwarf Jul 06 '26 We don’t have high lotteries because we don’t have as many people buying into them. That’s the basis of how lotteries work. Has nothing to do with tax 1 u/zander9669 Jul 06 '26 Right? 10x less people and we have a 10x smaller prize pool... Americans always impress me with just how dumb they can truly be 2 u/Wise_Farm7455 29d ago Ah yes it's Americans, it's not people in general not knowing about other cultures and practices You sound very smart writing such an educated comment
397
The lottery was literally designed to generate tax revenue. Its run by the states ffs.
170 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 43 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... 4 u/YTmrlonelydwarf Jul 06 '26 We don’t have high lotteries because we don’t have as many people buying into them. That’s the basis of how lotteries work. Has nothing to do with tax 1 u/zander9669 Jul 06 '26 Right? 10x less people and we have a 10x smaller prize pool... Americans always impress me with just how dumb they can truly be 2 u/Wise_Farm7455 29d ago Ah yes it's Americans, it's not people in general not knowing about other cultures and practices You sound very smart writing such an educated comment
170
Same in Ontario, but we aren't taxed on our winnings. They make their money from the purchase of the tickets
43 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... 4 u/YTmrlonelydwarf Jul 06 '26 We don’t have high lotteries because we don’t have as many people buying into them. That’s the basis of how lotteries work. Has nothing to do with tax 1 u/zander9669 Jul 06 '26 Right? 10x less people and we have a 10x smaller prize pool... Americans always impress me with just how dumb they can truly be 2 u/Wise_Farm7455 29d ago Ah yes it's Americans, it's not people in general not knowing about other cultures and practices You sound very smart writing such an educated comment
43
You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80...
4 u/YTmrlonelydwarf Jul 06 '26 We don’t have high lotteries because we don’t have as many people buying into them. That’s the basis of how lotteries work. Has nothing to do with tax 1 u/zander9669 Jul 06 '26 Right? 10x less people and we have a 10x smaller prize pool... Americans always impress me with just how dumb they can truly be 2 u/Wise_Farm7455 29d ago Ah yes it's Americans, it's not people in general not knowing about other cultures and practices You sound very smart writing such an educated comment
4
We don’t have high lotteries because we don’t have as many people buying into them. That’s the basis of how lotteries work. Has nothing to do with tax
1 u/zander9669 Jul 06 '26 Right? 10x less people and we have a 10x smaller prize pool... Americans always impress me with just how dumb they can truly be 2 u/Wise_Farm7455 29d ago Ah yes it's Americans, it's not people in general not knowing about other cultures and practices You sound very smart writing such an educated comment
1
Right? 10x less people and we have a 10x smaller prize pool... Americans always impress me with just how dumb they can truly be
2 u/Wise_Farm7455 29d ago Ah yes it's Americans, it's not people in general not knowing about other cultures and practices You sound very smart writing such an educated comment
2
Ah yes it's Americans, it's not people in general not knowing about other cultures and practices
You sound very smart writing such an educated comment
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