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BobP

Dump Water Florida
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Nov 11, 2013, 8:53 am

Taxes should be in the price of the ticket, not on the backs of winners.

BobP
RJOh

100

mid-Ohio
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March 24, 2001
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Nov 11, 2013, 9:58 am

Quote: Originally posted by mypiemaster on Nov 9, 2013
The real question is, "Why does America tax the living crap, out of its people?". Most civilized societies and advanced nations, even banana republics, do not tax lottery winnings.

Since only lottery winners are taxed that leaves out 95% of lottery players.

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

COLUMBUS,GA.
United States
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Nov 11, 2013, 10:06 am

Quote: Originally posted by bigdaddy on Nov 10, 2013
WHO IN THEIR RIGHT MIND'S WOULD VOTE REPUBLICAN...

The ones who don't live off the government!!!!
Saylorgirl

Indiana
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Nov 11, 2013, 2:04 pm

Quote: Originally posted by BobP on Nov 11, 2013
Taxes should be in the price of the ticket, not on the backs of winners.

BobP

So you would rather for each $1.00 ticket you purchase have to pay $1.39 per ticket to cover the cost of taxes on the chance that you might win the jackpot. I for one would rather keep a dollar a dollar and if I win then I will pay the taxes. I have no desire to pay into the "tax pool" for someone else's win.
billionaire2bee

United States
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Nov 11, 2013, 2:16 pm

LOL like the 800,000 or so when the govt shutdown...lazy dogs
KY Floyd

NY
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Nov 11, 2013, 6:04 pm

Quote: Originally posted by BobP on Nov 11, 2013
Taxes should be in the price of the ticket, not on the backs of winners.

BobP

Damm right. The only fair solution is to make all of the losers pay the taxes for people who win millions of dollars.
mediabrat

upstate NY
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Nov 11, 2013, 8:18 pm

Quote: Originally posted by BobP on Nov 11, 2013
Taxes should be in the price of the ticket, not on the backs of winners.

BobP

If there's one thing I've learned here at Lottery Post, it's that that's how they do it in Australia and the UK.
noise-gate

* In hot pursuit of $ *

White Shores- California
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Nov 11, 2013, 9:11 pm

You do realize that since the Teabaggers hijacked the Republican party- the next time this country sees a Republican in the Oval Office is in 30 years time?
Do you still see yourself playing the lottery at that time, many here would probably be in walkers or wearing diapers- what good would tax talk on lottery tickets do one then?
markp1950

Milwaukee, WI
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December 27, 2003
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Nov 11, 2013, 9:18 pm

Quote: Originally posted by CARBOB on Nov 11, 2013
The ones who don't live off the government!!!!

Oh, yes, Like the Republicoward Congressman who collected ove 3 million in subsidies, then denies other people. The ones that ASK FOR and RECIEVE disaster relief for THEIR area, THEN deny it for others. Like the Republicoward congressmen who recieved government benefits in their young years then deny it for others.
LottoBoner

United States
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March 14, 2012
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Nov 11, 2013, 9:41 pm

Quote: Originally posted by veganlife125 on Nov 9, 2013
What future Republican president would have the COURAGE to write an executive order to totally ban ALL FEDERAL TAXES ON FUTURE LOTTERY WINNERS?

Heck if we want to go that far then what Republican candidate would actually have the COURAGE to propose "specific big cuts to the budget" in order to balance it and save the country from the fate of Detroit?

Donald Trump?
mikeintexas

Texas Panhandle
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December 20, 2012
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Nov 12, 2013, 1:43 am

Forget having the courage, I doubt any Republican president could ever get support for such a thing or be stupid enough to suggest it. OTOH, since the Marxists have infiltrated the Democrat party, I bet you'd stand a better chance of getting your lottery winnings confiscated "for the greater good" than getting your winnings excused from taxation.

You do realize that the two major political parties are similar in many ways, right? They're the same in that most politicians from both parties are big govt. statists, two sides of the same plugged nickel. There is one glaring difference; the Republicans tend to kick their crooks out of the party; the Democrats re-elect theirs.

Epstein didn't kill himself.
billionaire2bee

United States
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Nov 12, 2013, 7:35 am

I forgot is that guy Grover Norquist still making/asking republicans to sign some kind of pledge to not raise taxes when they get re-elected/elected?? So if that's the case I wouldnt think any would bite on that
BobP

Dump Water Florida
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Nov 12, 2013, 8:58 am

Quote: Originally posted by Saylorgirl on Nov 11, 2013
So you would rather for each $1.00 ticket you purchase have to pay $1.39 per ticket to cover the cost of taxes on the chance that you might win the jackpot. I for one would rather keep a dollar a dollar and if I win then I will pay the taxes. I have no desire to pay into the "tax pool" for someone else's win.

"

Quote: Originally posted by BobP on November 11, 2013

Taxes should be in the price of the ticket, not on the backs of winners.

BobP"

Why assume ticket prices would rise to $1.39? That's not what happens in countries where the tax is built into the ticket price. There's a lot of work around room in that dollar.

As you know, the lottery games generally pay out only 50% of what they take in. For every million paid out they take in two million. About 15% goes to running the lottery scheme itself, the remaining 35% goes to the state. Casinos make their millions on only 5% or less. The feds could take 15% from the state leaving them 20% leaving the price of tickets to the state auditors to decide, of course the states could pay 7.5% from the prize pool and 7.5% from the state profit, whatever works. Oh and it's not just about having to pay taxes on millions, it's also about the pain in the butt paying taxes on that Pick-4 Straight Prize or in Florida the 4 number $1,200 win roll-down Pick-5 prize when there is no jackpot winner.

BobP
psykomo

United States
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May 30, 2004
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Nov 12, 2013, 10:37 am

Quote: Originally posted by BobP on Nov 11, 2013
Taxes should be in the price of the ticket, not on the backs of winners.

BobP

BP:

Good>>>>>>>>>>>try GREAT WON>>>>>>>>>>butt>>>>> would'n that be a "HIDDEN TAX" ????????????

Yes, psyko agrees>>it could be hidden somewhere in the $1.00>>>>like 1/10 a percent out of UR DOLLAR!!

REMEMBER^^ ^^ since 1950 government has treated the DOLLAR like the Romans did their MONEY<!

Romans started clipping edges off their gold and silver MONEY and raise taxes on D people and before they

woke-up ^^^^ THEY were BROKE ^^ and mongrals overran them and ^^ ate dem 4 LUNCH/dinner2

and ROME was no moe dem big RULERS of D big WORLD<<psyko learned bout this & people eaters n skool!!

HOMEWORK 4 someWON:

(1) How much is today's 2013 dollar worth vs the 1950's dollar? (2013 - 1950 = 63 years ago) ??????

(2) HOW much will the 1950 dollar be worth (vs) the 2050's dollar?? (1950 - 2050 = 100 year span) ??????

LET's make it easy 2 understand^^^^ USE the 63 years inflation rate & project it out 37 years 2 year 2050

Lottery Post "members"

$$$ $$$winner
SergeM

Economy class
Belgium
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February 27, 2012
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Nov 12, 2013, 2:39 pm

I agree, winnings should be net and pretaxed when paying the tickets.

For the state this might even be better.

The details about the losing tickets should be published to show the true face of the lotteries.