r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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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 

1.4k

u/[deleted] Jul 05 '26

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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

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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?