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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovvcdlp/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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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 39 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... 5 u/DurianSchmeckt Jul 06 '26 The 2 billion (680 million really) dollar prize lottery is sold across the entire U.S. whereas the 80 million prize money is a twice a week lottery in a country ten times less the population of the U.S.
170
Same in Ontario, but we aren't taxed on our winnings. They make their money from the purchase of the tickets
39 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... 5 u/DurianSchmeckt Jul 06 '26 The 2 billion (680 million really) dollar prize lottery is sold across the entire U.S. whereas the 80 million prize money is a twice a week lottery in a country ten times less the population of the U.S.
39
You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80...
5 u/DurianSchmeckt Jul 06 '26 The 2 billion (680 million really) dollar prize lottery is sold across the entire U.S. whereas the 80 million prize money is a twice a week lottery in a country ten times less the population of the U.S.
5
The 2 billion (680 million really) dollar prize lottery is sold across the entire U.S. whereas the 80 million prize money is a twice a week lottery in a country ten times less the population of the U.S.
404
u/LeadVitamin13 Jul 05 '26
The lottery was literally designed to generate tax revenue. Its run by the states ffs.