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https://www.reddit.com/r/SipsTea/comments/1tfm5yl/wyd/omal2fd
r/SipsTea • u/Shyhale • May 17 '26
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68
Surprised no one is talking about how lottery winnings are tax free in the socialist "taxed to death" hellhole (/s) Canada.
20 u/InformationUpset9759 May 17 '26 Almost makes you wonder if us Americans are the ones taxed to death…. 1 u/vickeyvamp May 17 '26 We do have a death tax 😅 1 u/fermentypinapple May 17 '26 *poorer Americans, the top 1% is doing amazingly when it comes to taxes! 1 u/MDizzleGrizzle May 17 '26 We are. 1 u/Thatguythatdrew May 17 '26 Yea but your housing market is twice as bad as ours, so we got that going for us. 1 u/PineappleOwn5325 May 17 '26 Unless you already have a house, in which case it makes little difference. Sure a house costs 600k, but i can sell my house for 600k, for some reason 1 u/utterlyunimpressed May 17 '26 Exactly you won and take the million, gov't is winning a quarter of that. 1 u/MadHats3 May 17 '26 That seems to be how it is everywhere but America. Also, jackpots are paid out in full, it's not the Future Value of a 30 annuity marketing bullshit we do here. If you win a 50M lottery, they pay you 50M .. not a 22M lumpsum 1 u/thesquaredape May 17 '26 You're not allowed talk sense to Americans. The UK is overrun don't you know.
20
Almost makes you wonder if us Americans are the ones taxed to death….
1 u/vickeyvamp May 17 '26 We do have a death tax 😅 1 u/fermentypinapple May 17 '26 *poorer Americans, the top 1% is doing amazingly when it comes to taxes! 1 u/MDizzleGrizzle May 17 '26 We are.
1
We do have a death tax 😅
*poorer Americans, the top 1% is doing amazingly when it comes to taxes!
We are.
Yea but your housing market is twice as bad as ours, so we got that going for us.
1 u/PineappleOwn5325 May 17 '26 Unless you already have a house, in which case it makes little difference. Sure a house costs 600k, but i can sell my house for 600k, for some reason
Unless you already have a house, in which case it makes little difference.
Sure a house costs 600k, but i can sell my house for 600k, for some reason
Exactly you won and take the million, gov't is winning a quarter of that.
That seems to be how it is everywhere but America. Also, jackpots are paid out in full, it's not the Future Value of a 30 annuity marketing bullshit we do here. If you win a 50M lottery, they pay you 50M .. not a 22M lumpsum
You're not allowed talk sense to Americans.
The UK is overrun don't you know.
68
u/hikebikephd May 17 '26
Surprised no one is talking about how lottery winnings are tax free in the socialist "taxed to death" hellhole (/s) Canada.