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I love Canada, TAX FREE LOTTO !

Topic closed. 9 replies. Last post 2 years ago by helpmewin.

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MrLeRoy's avatar - nw rogue.jpg

Canada
Member #152924
March 1, 2014
129 Posts
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Posted: August 9, 2014, 10:14 am - IP Logged

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

    Coin Toss's avatar - shape barbed.jpg
    Zeta Reticuli Star System
    United States
    Member #30470
    January 17, 2006
    10344 Posts
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    Posted: August 9, 2014, 10:40 am - IP Logged

    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.

    Lep

    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's avatar - nw rogue.jpg

      Canada
      Member #152924
      March 1, 2014
      129 Posts
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      Posted: August 9, 2014, 11:20 am - IP Logged

      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 !!!   Big Smile

        RJOh's avatar - chipmunk
        mid-Ohio
        United States
        Member #9
        March 24, 2001
        19816 Posts
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        Posted: August 9, 2014, 12:30 pm - IP Logged

        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 !!!   Big Smile

        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 more tickets, just buy a winning ticket * 
           
                     Evil Looking       

          Coin Toss's avatar - shape barbed.jpg
          Zeta Reticuli Star System
          United States
          Member #30470
          January 17, 2006
          10344 Posts
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          Posted: August 9, 2014, 3:28 pm - IP Logged

          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.

          Lep

          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's avatar - 24Qa6LT

            Norway
            Member #9517
            December 10, 2004
            1272 Posts
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            Posted: August 9, 2014, 7:06 pm - IP Logged

            Lotteries in Scandinavia.

              noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
              Bay Area - California
              United States
              Member #136477
              December 12, 2012
              4102 Posts
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              Posted: August 9, 2014, 8:08 pm - IP Logged

              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 !!!   Big Smile

              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.


                United States
                Member #106134
                February 13, 2011
                806 Posts
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                Posted: August 11, 2014, 12:01 am - IP Logged

                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's avatar - nw rogue.jpg

                  Canada
                  Member #152924
                  March 1, 2014
                  129 Posts
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                  Posted: August 11, 2014, 12:22 am - IP Logged

                  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.

                  I Agree!Thumbs Up....

                    helpmewin's avatar - dandy
                    u$a
                    United States
                    Member #106665
                    February 22, 2011
                    19740 Posts
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                    Posted: August 12, 2014, 12:50 pm - IP Logged

                    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

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