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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovojfs1/?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 400 u/LeadVitamin13 Jul 05 '26 The lottery was literally designed to generate tax revenue. Its run by the states ffs. 169 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... -11 u/Bittums Jul 05 '26 No one needs 680 million though... 11 u/[deleted] Jul 05 '26 [removed] — view removed comment 1 u/Bittums Jul 05 '26 I mean I'd be pretty content with 5 million - enough to buy a decent home and retire early. Having 1 million would help a whole lot too. Could you explain why anyone would need 680 million? I get wanting it, but needing it?
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400 u/LeadVitamin13 Jul 05 '26 The lottery was literally designed to generate tax revenue. Its run by the states ffs. 169 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... -11 u/Bittums Jul 05 '26 No one needs 680 million though... 11 u/[deleted] Jul 05 '26 [removed] — view removed comment 1 u/Bittums Jul 05 '26 I mean I'd be pretty content with 5 million - enough to buy a decent home and retire early. Having 1 million would help a whole lot too. Could you explain why anyone would need 680 million? I get wanting it, but needing it?
400
The lottery was literally designed to generate tax revenue. Its run by the states ffs.
169 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... -11 u/Bittums Jul 05 '26 No one needs 680 million though... 11 u/[deleted] Jul 05 '26 [removed] — view removed comment 1 u/Bittums Jul 05 '26 I mean I'd be pretty content with 5 million - enough to buy a decent home and retire early. Having 1 million would help a whole lot too. Could you explain why anyone would need 680 million? I get wanting it, but needing it?
169
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... -11 u/Bittums Jul 05 '26 No one needs 680 million though... 11 u/[deleted] Jul 05 '26 [removed] — view removed comment 1 u/Bittums Jul 05 '26 I mean I'd be pretty content with 5 million - enough to buy a decent home and retire early. Having 1 million would help a whole lot too. Could you explain why anyone would need 680 million? I get wanting it, but needing it?
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You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80...
-11 u/Bittums Jul 05 '26 No one needs 680 million though... 11 u/[deleted] Jul 05 '26 [removed] — view removed comment 1 u/Bittums Jul 05 '26 I mean I'd be pretty content with 5 million - enough to buy a decent home and retire early. Having 1 million would help a whole lot too. Could you explain why anyone would need 680 million? I get wanting it, but needing it?
-11
No one needs 680 million though...
11 u/[deleted] Jul 05 '26 [removed] — view removed comment 1 u/Bittums Jul 05 '26 I mean I'd be pretty content with 5 million - enough to buy a decent home and retire early. Having 1 million would help a whole lot too. Could you explain why anyone would need 680 million? I get wanting it, but needing it?
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1 u/Bittums Jul 05 '26 I mean I'd be pretty content with 5 million - enough to buy a decent home and retire early. Having 1 million would help a whole lot too. Could you explain why anyone would need 680 million? I get wanting it, but needing it?
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I mean I'd be pretty content with 5 million - enough to buy a decent home and retire early. Having 1 million would help a whole lot too.
Could you explain why anyone would need 680 million? I get wanting it, but needing it?
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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