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Should The Lottery Be Tax Free

Topic closed. 23 replies. Last post 9 years ago by runningrooster.

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Do you think the big lotteries should be tax free?

Yes [ 54 ]  [81.82%]
No [ 7 ]  [10.61%]
Limited, State and Fed % [ 3 ]  [4.55%]
Higher, Pay More [ 2 ]  [3.03%]
Total Valid Votes [ 66 ]  
Discarded Votes [ 0 ]  
psykomo's avatar - animal shark.jpg

United States
Member #4877
May 30, 2004
5124 Posts
Offline
Posted: November 13, 2007, 5:55 pm - IP Logged

Taxes:Puke

YES>>>>>REVOLK lottery taxes.......U Democrat's and

"HELP" the poor & humble masse's that

YOU "LIE">>>too!!

LOL

PSYKOMO 

    psykomo's avatar - animal shark.jpg

    United States
    Member #4877
    May 30, 2004
    5124 Posts
    Offline
    Posted: November 14, 2007, 7:17 pm - IP Logged

    YES>>>>>REVOLK lottery taxes.......U Democrat's and

    "HELP" the poor & humble masse's that

    YOU "LIE">>>too!!

    LOL

    PSYKOMO 

    Rember>>>>>>>>>FRIEND'$$$$$$$$$$$

    If you ever DO win a JACKPOT lottery...........WELCOME to D ^^^^^ world!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ...........of a GREAT COUNTRY!!!

    YOUR social and other program's will be CUT-OFF in a NY.....second minute......hour.....................YOU will be alone with MILLION'$$$$$

    YOU will be LEFT alone in this COLD world to make your....choice.... OWN>>>>>LY .....................CAN SPEND all of this>>>>>>MONY$$

    CHOICE!!!!!!!!!!!!!!!!!!!!!!..........too GO & DO as$$$$$$$$$$$$$$$ YOU.........PLEASE!!!!!!!!!!..........PLEASE & GOD BLESS YOU!!!!!!!!!!!

    YOU won't need the DEMOCRAT's to HELP spend your MONEY$$$$

    LOL>>>>&$$$

    U will not have to DEPEND on HOW you VOTE or THINK!!!!!!!!!!!!!!!!!!

    you will be an......AMERICAN

      ThatScaryChick's avatar - x1MqPuM
      Idaho
      United States
      Member #56506
      November 21, 2007
      6537 Posts
      Offline
      Posted: November 29, 2007, 11:59 am - IP Logged

      I would love for the lottery to be tax free, but I don't see that happening. The government makes to much money off of those people who win and I don't think they want to stop that anytime soon.

        psykomo's avatar - animal shark.jpg

        United States
        Member #4877
        May 30, 2004
        5124 Posts
        Offline
        Posted: November 30, 2007, 6:45 pm - IP Logged

        I would love for the lottery to be tax free, but I don't see that happening. The government makes to much money off of those people who win and I don't think they want to stop that anytime soon.

        I Agree!......with "YOU">>>>>>>>>TSChick>>>>>>>>>>>>>>!!!!

        All taxes on a state or national USA lottery winner should be ^^^^

        TAX-FREE.................after all most people say it is really a tax on

        the poor people who play the lottery ANYWAY !!!!!!!!!!!!!!!!!!!!!!!!!!

        WHY can't some democrat come up with a BILL ..........most big and 

        important democrat's CONTROL tax making LAWS anyway, & LIKE

        they are alway's talk'n bout helping the POOR LITTLE PEOPLE????

        NOTE:

        When you ask Rangel on tax Ways & Means....HE RUN's>>>>>>

        When you ask Bush where He was on 911......they say HE RAN!!!

        When you ask what happened to HILL when the bomber appeared

        they say>>>>SHE RAN too and no one will see her in NH ????????

        QUESTION:

        WHO CAN WE TRUST ???????????????????????????????????????

        with OUR "MONEY"> MY "MONEY" when I spend it on the LOTTERY!

        LOL............................  $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

        PSYKOMO 

          Avatar
          Kingston, Ontario
          Canada
          Member #46867
          October 5, 2006
          106 Posts
          Offline
          Posted: December 4, 2007, 9:50 pm - IP Logged

          It is already tax free where I live.

          "Together We're Making Good Things Happen,  Ontario's Lotteries...WE ALL WIN"

            truecritic's avatar - PirateTreasure
            Michigan
            United States
            Member #22395
            September 24, 2005
            1583 Posts
            Offline
            Posted: December 4, 2007, 10:33 pm - IP Logged

            When the lottery first started in Michigan, it was tax-free from State Tax.

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              Dolce, Illinois
              United States
              Member #26462
              November 18, 2005
              50 Posts
              Offline
              Posted: December 5, 2007, 1:30 pm - IP Logged

              Too bad they figured the lottery to be a big time cash cow.

              You'd think, in today's anti tax mode, that the public would demand that the lottery, in particular lotteries that are multi-state be tax free.  One of the only chances a regular person has to hit it rich, and the government takes half, with the other half lost to time when you pick a lump sum.

              If business worked that way, not much would get done.

              As it were, if winners have no rights, then none of us lottery players do.  If winners are subject to no choice up-front taxes, with no options, plus the lump sum half of what the lottery advertised it to be, then we all are since we, in effect, pay the prize.

              As someone noted above, the lottery is sort of a tax on poor people anyway.  Why not let it go at that?

                TexasDreams's avatar - Trek ROMSYM2.gif
                Houston, Texas
                United States
                Member #56457
                November 19, 2007
                55 Posts
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                Posted: December 10, 2007, 2:52 am - IP Logged

                I wish it would be tax free, can you imagine how many more people would play it! We should start a petition to send to Washington to allow all lotto winnings regardless of size to be tax free, like other countries. The only tax; if we where successful, would be state taxes.

                A few years ago, billionaire Warren Buffett advised  "Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful."

                  Avatar
                  New Member
                  Manila
                  Philippines
                  Member #56950
                  December 10, 2007
                  10 Posts
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                  Posted: December 11, 2007, 1:49 am - IP Logged

                  When the lottery first started in Michigan, it was tax-free from State Tax.

                  really? how i wish it was still today. :)