Jamaica scales back lottery tax plan

Comment #3

CASH Only — Mon, 12 Jan 2004 14:27:03 GMT

Todd:Wonder which other countries with lotteries tax winnings.

Comment #2

Todd — Tue, 16 Dec 2003 20:11:01 GMT

That's an excellent question. My guess is that from the size of the numbers, it's Jamaican dollars. $15,000 Jamaican = about US$273.

Comment #1

CASH Only — Tue, 16 Dec 2003 13:10:21 GMT

Is that $15,000 US or in Jamaican dollars

Jamaica scales back lottery tax plan

Lottery Post — Tue, 16 Dec 2003 10:27:42 GMT

Only lottery winnings over $15,000 to be taxedThe Jamaica givernment yesterday announced a $15,000 threshold on lottery winnings, before the 15 per cent tax is applied, confirming Sunday's lead story in the Observer.Finance Minister Dr Omar Davies admitted at a post-Cabinet news briefing at Jamaica House that the decision to tax winnings had led to a fall-off in sales of the popular Cash Pot game run by Supreme Ventures, while fuelling underground gaming.Cash Pot sales, which generated $970 mi... [ More ]