I love Canada, TAX FREE LOTTO !Prev TopicNext Topic

• MrLeRoy

  

  Canada
  Member #152,917
  March 1, 2014
  129 Posts
  Offline
  Aug 9, 2014, 10:14 am

  ▲▼

  I love Canada, TAX FREE LOTTO ! where else you can win and get everything ?
• Coin Toss

  

  Zeta Reticuli Star System
  United States
  Member #30,469
  January 17, 2006
  11,788 Posts
  Offline
  Aug 9, 2014, 10:40 am

  ▲▼

  The UK, Australia, etc....

  Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

  

  There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.
• MrLeRoy

  

  Canada
  Member #152,917
  March 1, 2014
  129 Posts
  Offline
  Aug 9, 2014, 11:20 am

  ▲▼
  In response to Coin Toss

  Quote: Originally posted by Coin Toss on Aug 9, 2014

  The UK, Australia, etc....

  Great, these countries rock !!!  because it's good to win and see all your cash. We pay enough tax already and share the winnings with the government again...i find it ridiculous when i see people in US win say $300M and like almost half of it is gone to the big guys. Wow  !!! you guys need to move in Canada. I love my country !!!   
• RJOh

  

  100

  mid-Ohio
  United States
  Member #9
  March 24, 2001
  20,272 Posts
  Offline
  Aug 9, 2014, 12:30 pm

  ▲▼
  In response to MrLeRoy

  Quote: Originally posted by MrLeRoy on Aug 9, 2014

  Great, these countries rock !!!  because it's good to win and see all your cash. We pay enough tax already and share the winnings with the government again...i find it ridiculous when i see people in US win say $300M and like almost half of it is gone to the big guys. Wow  !!! you guys need to move in Canada. I love my country !!!   

  Most lottery players in the US don't pay taxes on their winnings because they don't win enough to pay extra taxes.  They probably would win any more if they were living in Canada or some other country. 

  Besides if I ever win a multi-million dollars jackpot, I won't mind paying a little extra to help the country after all I'm paying taxes now and I'm not a jackpot winner.

   * you don't need to buy every combination, just the winning ones * 

         
  
• Coin Toss

  

  Zeta Reticuli Star System
  United States
  Member #30,469
  January 17, 2006
  11,788 Posts
  Offline
  Aug 9, 2014, 3:28 pm

  ▲▼

  It's an old argument but in the US you're taxed on it before you get it and what's left is taxed as you spend it, so in essence you're taxed twice.

  Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

  

  There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.
• MillionsWanted

  

  Norway
  Member #9,517
  December 10, 2004
  1,904 Posts
  Offline
  Aug 9, 2014, 7:06 pm

  ▲▼

  Lotteries in Scandinavia.
• noise-gate

  

  * In hot pursuit of $ *

  White Shores- California
  United States
  Member #136,471
  December 12, 2012
  7,039 Posts
  Offline
  Aug 9, 2014, 8:08 pm

  ▲▼
  In response to MrLeRoy

  Quote: Originally posted by MrLeRoy on Aug 9, 2014

  Great, these countries rock !!!  because it's good to win and see all your cash. We pay enough tax already and share the winnings with the government again...i find it ridiculous when i see people in US win say $300M and like almost half of it is gone to the big guys. Wow  !!! you guys need to move in Canada. I love my country !!!   

  Great approach to the lottery jackpots,lovely country, especially BC- however your internet access is prehistoric.In fact you guys rank below Kenya in download speeds.

  .. Kenya is a country in Africa - should you be wondering where you might find it on a world map.
• jjtheprince

  United States
  Member #106,129
  February 13, 2011
  806 Posts
  Offline
  Aug 11, 2014, 12:01 am

  ▲▼

  Lottery winnings in the US should not be taxed at all!

  If other countries don't tax it then we shouldn't either.

  Government likes seeing those massive $500 million jackpots because they know they're in for a BIG payday.
• MrLeRoy

  

  Canada
  Member #152,917
  March 1, 2014
  129 Posts
  Offline
  Aug 11, 2014, 12:22 am

  ▲▼
  In response to jjtheprince

  Quote: Originally posted by jjtheprince on Aug 11, 2014

  Lottery winnings in the US should not be taxed at all!

  If other countries don't tax it then we shouldn't either.

  Government likes seeing those massive $500 million jackpots because they know they're in for a BIG payday.

  ....
• helpmewin

  

  100

  u$a
  United States
  Member #106,660
  February 22, 2011
  19,960 Posts
  Offline
  Aug 12, 2014, 12:50 pm

  ▲▼
  In response to jjtheprince

  Quote: Originally posted by jjtheprince on Aug 11, 2014

  Lottery winnings in the US should not be taxed at all!

  If other countries don't tax it then we shouldn't either.

  Government likes seeing those massive $500 million jackpots because they know they're in for a BIG payday.

  Maybe they need Tax money for other Good things

  God Bless The USA